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Ethereum ICO Whale Resumes Swing Trading After Borrowing USDe and Buying ETH

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2026-06-15 07:13:56
An Ethereum ICO whale has resumed swing trading, borrowing 10 million USDe from Aave and using the funds to purchase 5,817 ETH at $1,719, according to monitoring data dated June 15. According to BlockBeats On-chain Detection, the activity occurred about two hours before the report.

The whale has pledged about 147,000 ETH as collateral across Aave and Spark to borrow $276 million in stablecoins. The position’s estimated liquidation price is $1,432.
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