BlockBeats News, April 18th, according to EmberCN monitoring, a whale sold 12,400 ETH that was used for leveraged longing, realizing a profit of 400 ETH ($950,000).
In February, the whale borrowed $28 million USDT from Aave to buy 12,802 ETH at an average price of $2,187. In the past few days, after the ETH price increased, the whale sold a total of 12,402 ETH to repay the loan with $28.16 million USDT, at an average selling price of $2,271.
The whale accumulated debt to buy 12,802 ETH, sold 12,402 ETH to repay the loan, and earned 400 ETH in profit.
