🚨 WARNING COLLAPSE 🚨
💥#smartmoney just opened Short $ETH ! 💥
A wallet address of type #Whale super sensitive just made a very notable move:
🕐 Just 1 hour ago, this wallet borrowed 1,000 ETH from #AaveV3 , then transferred directly to #Binance — a familiar move every time it is about to open short.
📉 But the special point lies in how it operates:
🔹 Mortgaging stETH to borrow ETH — a smart move showing short-term short intentions to optimize profits while still retaining staking assets.
🔥 In summary: This is a sophisticated on-chain strategy:
1. Mortgage stETH → Borrow ETH → Transfer to the exchange
2. Still receive yield from stETH
3. Sell ETH at a high price → Wait for the price to drop → Buy back → Pay off debt → Lock in profits neatly