ETH Activity on Aave: Wallet Borrows $10M USDC to Buy 2,909 ETH and Deposits 83,816 ETH

ETH

ETH/USDT

$2,065.36

-4.16%

$2,065.36

-4.16%

(24s)

24h Volume

$11,341,264,445.51

24h H/L

$2,157.00 / $2,050.12

Change: $106.88 (5.21%)

Long/Short

69.3%

Long: 69.3%Short: 30.7%

Funding Rate

-0.0036%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,066.20

▼ -0.90%

Volume (24h): -

Resistance Levels

Resistance 3$2,233.72

Resistance 2$2,166.33

Resistance 1$2,083.64

Price$2,066.20

Support 1$2,063.38

Support 2$1,916.14

Support 3$1,747.80

Pivot (PP):$2,081.18

Trend:Uptrend

RSI (14):46.9

According to Lookonchain monitoring, COINOTAG News notes that address 0x9992 recently borrowed 10 million USDC from the Aave lending protocol to acquire 2,909 Ethereum (ETH).

On-chain data shows that this address has since deposited 83,816 ETH into Aave, currently valued near $2.886 billion in collateral, and holds about $122.89 million in stablecoins borrowings.

These movements underscore the scale of Ethereum-backed liquidity and the evolving activity within DeFi lending, illustrating how large holders interact with leading platforms to manage cash and risk.

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