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A giant whale added 50,000 USDC deposit to Aave and lent 10,000 LINK

A giant whale added 50,000 USDC deposit to Aave and lent 10,000 LINK

CointimeCointime2023/11/20 04:15
By:Cointime

According to user X @ai_9684xtpa, who is monitoring it, the whale who shorted LINK on October 31 added 50,000 USDC collateral to Aave and borrowed 10,000 LINK, and then continued to short LINK in a loop by "selling LINK for stablecoins, increasing collateral, and borrowing LINK." The last sell was six hours ago. Currently, there are 50,000 LINK to be repaid, and the health factor is 1.22.

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