A cryptocurrency whale has significantly increased its Ethereum holdings by acquiring 17,283 ETH through leveraged borrowing on Aave. The address, identified as 0x2bd, initially exchanged 240.44 BTC for 8,152 ETH via ThorChain. Subsequently, the whale deposited ETH into Aave as collateral, borrowing approximately $36 million in USDT to purchase additional ETH at $2,083 each. This strategic move has brought the address's total Ethereum holdings to 25,434.5 ETH, valued at approximately $52.45 million.
Whale Acquires 17,283 ETH Using Aave Leverage, Total Holdings Now $52.45M
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