As Ethereum rebounds, whale leverages and sells, borrowing over $80 million in ETH

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