Whale cleverly used Aave lending to profit 5.56 million USD from ETH breaking 4000 USD.

On August 8, when ETH broke $4000, Whale 0xaf6c just bought 1,390 WETH (5.56 million dollars) at a price of $4000.

Then, he deposited 1,390 WETH into Aave, borrowed 52.83 WBTC (6.17 million USD) from Aave, and exchanged it for 1,539 WETH (6.17 million USD).

AAVE-2.36%
ETH0.92%
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GateUser-2fce706cvip
· 17h ago
Opportunities are right in front of us. The wise have already started to plan. What are you still hesitating about?
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PonziDetectorvip
· 21h ago
Nothing at all, just a Cryptocurrency Trading enthusiast.
View OriginalReply0
ProposalManiacvip
· 08-10 15:29
Classic leverage Get Liquidated reservation, just see who dies faster.
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MysteryBoxBustervip
· 08-08 22:02
The game of the rich is really exciting.
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NonFungibleDegenvip
· 08-08 14:54
ser just casually stacking millions like it's nothing... meanwhile i'm here checking floor prices all day smh
Reply0
BearWhisperGodvip
· 08-08 14:54
Playing with leverage again.
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SeeYouInFourYearsvip
· 08-08 14:54
Can it be played like this? amazing
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BuyHighSellLowvip
· 08-08 14:50
The big whale is really good at playing...
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WuMingShivip
· 08-08 14:30
Can't understand
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