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A whale user sold spot ETH and borrowed money to short, making more than $270,000

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2025-04-21 08:56:55
According to on-chain analyst @EmberCN, a whale user sold 11,328 ETH at an average price of $1,618 yesterday for $18.229 million USDC, making a profit of $271,000 per band. After that, the address continued to operate, mortgaging the obtained USDC to Aave, lending 4,000 ETH, and selling it at an average price of $1,618, for about $6.471 million USDT.
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