Whale Flips Strategy: From Shorting to Aggressive Long on $ETH
Otherwise, how could they be called whales? They're lightning-fast when it comes to following good advice.
After recently closing their short positions, this whale didn’t just stop there—they went straight into buying spot ETH and aggressively looping long positions!
On April 4, 2025, this whale had borrowed 4,000 ETH to short and ended up losing $30,000. Now, they're back with a vengeance. They first bought 7,289 ETH, deposited it into Aave, and borrowed $5 million USDC against it. Over the past few hours, they've scooped up another 2,762 #ETH at an average price of $1,811.66.
Wallet Address:
0xd8829a720fd5c366905dc2d9bbcf2b57e3186a76