ETH long position average price drops to $2,553.31; Kanye pledges 18,500 WETH to borrow $25.01 million in stablecoins

Odaily reports: According to monitoring by on-chain analyst Ai Yi, the Kanye address (0xdeA…a1d5c) has pledged 18,500 WETH to Aave and borrowed $25.01 million in stablecoins, with a health rate of 1.51. Since September 29, this address has withdrawn 12,500 ETH worth $32.04 million from Binance through the above method, and has continued to add to its position from $2,736.47 all the way down to $2,460, bringing the average long position price of ETH down to $2,553.31. Seven hours ago, the address transferred 5 million USDC to 0x4BA…82cE2, which has frequent fund connections with the Kanye address.