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Don't remind me again today

Whales are increasing their positions in ETH during the fall, and they are also using leverage.



An address just withdrew 24,000 ETH from a major exchange, while another whale is even more aggressive—borrowing through AAVE to accumulate 90,000 ETH at a price of $2,804.

The HYPE token is also taking action: 1M pieces were locked in the native market, and 200K each were locked by Ethena and Paxos for asset integration quotes.

The intensity of the protocol repurchase remains at $5M per day. The market is falling, but on-chain big players are clearly taking reverse actions.
ETH2.96%
AAVE3.95%
HYPE-7.19%
ENA2.35%
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ChainChefvip
· 20h ago
bruh the whales are literally cooking up a feast while everyone's panic selling... 90k eth on leverage? that's some serious ingredient gathering for what's coming ngl
Reply0
P2ENotWorkingvip
· 20h ago
Whales are buying the dip, while we retail investors are still cutting losses.
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GasOptimizervip
· 20h ago
90,000 ETH leverage? The capital efficiency... Wow, I need to calculate this APY space, how much can the hedge cost be controlled at the price of $2804.
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