This whale just looped $180M of ETH by 5x on AAVE

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Arkham
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1 day ago

This whale just looped $180M of ETH by 5x on AAVE.

Trader 0xb04 is not only long ETH, but also leverage long staking yields. With only $20M of margin, he looped $180M worth of WEETH, gaining 4% APY, and borrowed $170M worth of ETH at 3%.

This means he is gaining over $2M in projected yield per year - in addition to benefiting from ETH’s price movements.

Address: 0xb0449Ec1A8a60F95322617d6Ed52E1Ba1a7Beb49


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你的下一笔交易可能价值1,000 USDT,交易抽奖,100%中奖
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