2026-03-23 07:10:41

Leverage adjustment going on… not a full exit 👀. This whale/institution (0x54d…e6029) just sold 5,000 $ETH over the past one hour, at around $2,066, pulling in about $10.3M. But this wasn’t panic selling -- those same coins were picked up two weeks ago near $1,972, so this move locked in a clean ~$470K profit on that slice.

Dig out... though, and the bigger picture is still very bullish.
Across four wallets, the entity has deposited a massive 124,441 ETH (~$239M) as collateral on Aave, and borrowed over $132M in stablecoins against it. That’s a leveraged long structure --- using ETH as collateral, borrowing stables, and likely redeploying.
So this small sale.... like de-risking or freeing up liquidity… not closing the core position.
They’re still heavily exposed to #ETH -- just managing the leverage a bit smarter now.
Add: 0x54d250405d22e858D125Ce2c1aFFC7D73AFe6029

ETH-2,29%

AAVE-2,86%

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