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150 million USD! A flash crash as a Whale suddenly mortgaged ETH to lend USDT, is it going to stir things up again?
[Chain News] The Whale that heavily shorted during the flash crash in October has taken new actions.
Just ten minutes ago, this address threw 55,340 ETH into Aave as collateral, worth 157 million USD. Immediately afterwards, it borrowed 50 million U and directly transferred it to a certain leading exchange.
This operation came suddenly—his last move was during the flash crash two months ago. Now, suddenly transferring such a large amount of funds, is he looking to accumulate positions? Or is he preparing for another round of shorting?
The current direction of funds is unclear, but every move of such a large Whale is worth watching.