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As Ethereum rebounds, a whale leverages and sells borrowed ETH, with total borrows exceeding $80 million

2026-06-15 13:52

Odaily Planet Daily News: According to Lookonchain monitoring, as the market rebounds, a whale address has again borrowed 19,000 ETH from the decentralized lending protocol Aave, worth approximately $33.48 million, and sold them on the same day. This whale has cumulatively borrowed 44,389 ETH from Aave, with a total value of about $80.56 million. There remains a possibility of further increasing borrowing and continuing selling.