A whale has lost $130,000 by going long on ETH in Aave in the past 4 hours


According to Chain analysis by @ai_9684xtpa, a whale decided to go long during the ETH downtrend in the past four hours and has used leverage to buy 2,738 ETH worth $7.21 million. Currently, the whale holds 2,738 ETH as collateral in Aave and has borrowed 4.6 million USDC with a health factor of 1.28. Due to the ongoing ETH downtrend, the whale is currently facing a loss of $130,000 with a liquidation price of $2,023.