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While Ethereum rebounds, a whale uses leverage to borrow and sell, accumulating over $80 million in ETH loans

2026-06-15 13:52

According to Lookonchain monitoring, as the market rebounds, a whale address has once again borrowed 19,000 ETH from the decentralized lending protocol Aave, worth approximately $33.48 million, and sold them off on the same day. This whale has accumulated a total of 44,389 ETH borrowed from Aave, valued at about $80.56 million, and there remains the possibility of further increasing borrowing and continuing to sell.