Whale liquidates $MKR buys ETH🔥🚨
In just under 9 hours, the wallet address with the nametag Chud_eth has continuously performed liquidation actions on MKR. Specifically, this wallet has sold 480 MKR, bringing in #WETH with a total value of up to 720k USD. 💸
This amount of WETH was immediately transferred to a secondary wallet and deposited into the AAVE V3 protocol to borrow USDC. Currently, this secondary wallet is collateralizing 2712 WETH and borrowing 2.5 million USDC to #buy market. 📊🔄
It can be seen that this #whale is implementing a restructuring strategy of #Portfolio , by liquidating MKR and shifting to coins with better profit performance in the near future. 🚀💡