According to the monitoring of X user @ai_9684xtpa, 8 hours ago, the whale that was long on the ETH/BTC exchange rate withdrew 200 ETH collateral from Aave and provided unilateral liquidity to the USDC/ETH trading pair. Currently, most of the ETH has been sold out. @ai_9684xtpa said that he seems to be only optimistic about the ETH/BTC exchange rate, but does not think that ETH will maintain an upward trend.
According to previous news, a whale that continues to be long on the ETH/BTC exchange rate currently has a health score of 1.06 on Aave, and there is a high risk of liquidation. This address mortgaged 46,000 ETH and 370,000 USDC on Aave V2, borrowed 2,088.69 WBTC, and provided unilateral liquidity to the WBTC/ETH trading pair through Uniswap to buy more ETH. The current ETH/BTC exchange rate is 0.05487, and liquidation will be triggered when the ratio reaches 0.05176.