An ETH whale took on $958 million in AAVE loans to accumulate ether around $3,265 per coin. Fast forward to today—with ETH trading at $3,010, the position is already showing losses, and liquidation looms at $2,140. Deploying nearly a billion in borrowed capital to build a position in an asset that's tanked 40% year-to-date signals either remarkable conviction or significant miscalculation. The coming quarter will tell us which side of that bet we're on.
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SurvivorshipBias
· 13h ago
$958 million leverage long position directly collapsed. This guy must be either truly committed or purely clueless. It's just hard to watch...
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AirdropATM
· 13h ago
Bro, you really went all in this time, 958 million... If it drops to 2140, you'll be liquidated directly. I really can't tell if this is conviction or pure gambling.
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TopBuyerBottomSeller
· 13h ago
Wow, this guy is really ruthless. Borrowed 958 million to buy the dip, and now it's dropped like this...
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DancingCandles
· 13h ago
Wow, is this guy really all in or has he lost his mind? Putting in 958 million with leverage...
An ETH whale took on $958 million in AAVE loans to accumulate ether around $3,265 per coin. Fast forward to today—with ETH trading at $3,010, the position is already showing losses, and liquidation looms at $2,140. Deploying nearly a billion in borrowed capital to build a position in an asset that's tanked 40% year-to-date signals either remarkable conviction or significant miscalculation. The coming quarter will tell us which side of that bet we're on.