Loan Shark Engages in ETH Long Squeeze, Unloading 20,599 ETH to Repay Loan
BlockBeats News, December 18th, according to LookIntoChain monitoring, Whale 0xa339, holding a long ETH position through a leveraged borrowing strategy, sold 20,599 ETH at a price of $2,869 per coin over the past 2 days (worth $59.1 million) to repay the loan.
They still hold 30,000 ETH on Aave ($85.2 million) and have an outstanding debt of $15.7 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitunix Analyst: Cooling CPI and Renewed Rate Cut Expectations Lead Market to Trade on "2026 Policy Path"
Starknet has been integrated into NEAR Intents' chain abstraction swap network
Fetch.ai will launch its AI agent-to-agent payment system in January 2026
