Notice with me, let me teach you something important
This person bought $123 million worth of Ethereum $ETH then transferred it to a DeFi lending platform called Aave, with the goal of borrowing and usually they borrow dollars to buy additional Ethereum
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Notice with me, let me teach you something important
This person bought $123 million worth of Ethereum $ETH
then transferred it to a DeFi lending platform called Aave, with the goal of borrowing and usually they borrow dollars to buy additional Ethereum
These are more dangerous to the market than futures because they cause market crashes when liquidation occurs, as they sell the entire amount at market price directly, causing a strong drop in spot prices
$BTC $XRP
#BuyTheDipOrWaitNow? #GateJanTransparencyReport #CryptoMarketPullback