Perhaps it will influence the direction of the larger market

24 พ.ค. 2023

1 / Smart whale who made ~2.5M during #USDC decoupling goes long ETH on #Aave.
Today, this whale:
- Converted 7,169 stETH with 7,169 ETH.
- Deposited 7,169 stETH into #Aave.
- Borrowed 8.45M USDT.
- Deposited 8.45M USDT into #Binance (possible ETH purchase).

2/ Whale deposited 28,755 stETH (52M) to Aave and borrowed a total of 36M USDT.
The health rate is 1.2.
When the price of ETH drops by 20% (~1,511), it will be liquidated.

3/ During the USDC decoupling period, Smart Whale exchanged a total of 66.6M USDT for 69.2M USDC.
USDC was then exchanged for USDT when USDC returned to the peg in April.
The profit was about $2.5 million!