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Is it a smash?
The Ethereum Foundation sold 1,700 ETH through the chain.
However, a whale that was long ETH/BTC deposited 44956 ETH to Aave and borrowed 2088 BTC.
According to on-chain data monitoring, a whale that is long ETH/BTC deposited ETH into Aave and then borrowed WBTC, then converted WBTC to ETH, deposited ETH into Aave again and borrowed WBTC.
The whale deposited a total of 44956 ETH (USD 73.5 million) to Aave and borrowed 2088 BTC (USD 58.3 million).
Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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