A major whale moved 230,350 AAVE ($37.8M) into stETH and WBTC positions over 4 hours, taking roughly $13.75M in losses. The trader exchanged the AAVE for 5,869 stETH ($17.62M) and 228 WBTC ($20.2M)—a strategic shift toward Ethereum staking and Bitcoin exposure. The large liquidation sparked an immediate 10% price drop in AAVE, signaling how concentrated selling pressure can ripple through the market in real time.
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ThatsNotARugPull
· 5h ago
Loss of 13.75 million and still dare to operate like this, really a fierce person.
A major whale moved 230,350 AAVE ($37.8M) into stETH and WBTC positions over 4 hours, taking roughly $13.75M in losses. The trader exchanged the AAVE for 5,869 stETH ($17.62M) and 228 WBTC ($20.2M)—a strategic shift toward Ethereum staking and Bitcoin exposure. The large liquidation sparked an immediate 10% price drop in AAVE, signaling how concentrated selling pressure can ripple through the market in real time.