đA leading ETH whale has intensified its accumulation strategy after purchasing 257,543 ETH ($896M) during a market dip. The trader, who had previously borrowed 66,000 ETH to sell, has now deposited 34,156 ETH ($120.3M) into the Aave protocol.
The latest transaction shows that the whale borrowed 60 million USDT against their ETH collateral and transferred the funds to centralized exchanges, indicating further purchases of ETH. This activity is part of a broader trend where several whales have acquired 394,682 ETH ($1.37B) in three days, according to Lookonchain.
