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1011 flash crash Short pro strikes again: 157 million ETH collateralized to borrow 50 million U to transfer to exchange
[Coin World] Just observed an interesting move — that mysterious pro who accurately Shorted during the flash crash on 1011 suddenly deposited 55,340 ETH as collateral into Aave 10 minutes ago, worth about 157 million USD. Immediately after, he borrowed 50 million U from Aave and then transferred it directly into a leading exchange.
This wave of operations came a bit suddenly, with a significant collateral amount and a large sum of borrowed U. As for what this money is intended for? It's still unclear, but considering this pro's previous accurate judgments, the subsequent actions are worth keeping an eye on.