A certain whale borrowed 34.75 million USDT from Aave 2 hours ago and bought nearly 20000 ETH

According to a report by Golden Finance, according to analyst Yu Jin's monitoring, a certain whale that has long ETH through revolving loans has once again increased its leverage to build a position. It lent 34.75 million USDT through Aave 2 hours ago and purchased 19972.8 ETH at an average price of $1740. It is worth noting that the address sold 30894 ETH stop loss at $1790 last month due to a drop in ETH, resulting in a loss of approximately $40 million. The current 50000 ETH positions with newly added leverage are facing liquidation risk, with a liquidation price of $1586.8. If ETH experiences another significant pullback, it may repeat the same mistake.