【Chain News】A major institution played a hand. They borrowed $20 million USDT from a top-tier exchange and directly used this money to buy 6,656 ETH. Instead of simply holding, they transferred this batch of ETH into the Aave V3 liquidity pool.
With this move, the institution now holds 651,310 ETH, which, at current market prices, amounts to approximately $19.1 billion in assets on paper. Honestly, this scale is already quite significant. Using leverage to increase positions in DeFi protocols indicates that there are still institutions optimistic about ETH’s medium-term prospects in the market. Of course, leverage is always a double-edged sword — it’s great when you’re making profits, but it can be tough when you’re losing.
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UnruggableChad
· 14h ago
This organization really dares to play; they just threw in $1.9 billion like that. Leverage is fun when you make money, but if it goes the other way, you'll be kneeling.
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GasFeeNightmare
· 14h ago
$1.9 billion invested, this guy really dares to play
If it gets liquidated, Aave must be so uncomfortable...
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ChainWatcher
· 14h ago
Wow, 1.9 billion directly all-in? That's really bold. Leverage is always a bloodbath when you turn around.
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Gm_Gn_Merchant
· 14h ago
Haha, this is the confidence of wealthy institutions. Once leverage is applied, it's a multi-million level move.
I just want to know where the liquidation price is; this courage is really remarkable.
ETH is truly being optimistic about this round, but making such a big move in Aave feels a bit tense.
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SighingCashier
· 14h ago
This organization really dares to play around, throwing in 1.9 billion like that. If it drops by 20%, it'll be liquidated immediately.
Another leverage of over 10 million USD! Institutions make a big move to buy ETH, betting over 1.9 billion on Aave
【Chain News】A major institution played a hand. They borrowed $20 million USDT from a top-tier exchange and directly used this money to buy 6,656 ETH. Instead of simply holding, they transferred this batch of ETH into the Aave V3 liquidity pool.
With this move, the institution now holds 651,310 ETH, which, at current market prices, amounts to approximately $19.1 billion in assets on paper. Honestly, this scale is already quite significant. Using leverage to increase positions in DeFi protocols indicates that there are still institutions optimistic about ETH’s medium-term prospects in the market. Of course, leverage is always a double-edged sword — it’s great when you’re making profits, but it can be tough when you’re losing.