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As Ethereum rebounds, a whale has been leveraging borrowing to sell, with cumulative loans exceeding $80 million in ETH.

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 used it for selling on the same day. The whale has cumulatively borrowed 44,389 ETH from Aave, with a total value of approximately $80.56 million, and there remains the possibility of further increasing borrowing and continuing to sell.