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

ETH

ETH/USDT

$2,127.12

+4.51%

$2,127.12

+4.51%

(24s)

24h Volume

$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short

69.8%

Long: 69.8%Short: 30.2%

Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,121.96

▲ 1.67%

Volume (24h): -

Resistance Levels

Resistance 3$2,577.98

Resistance 2$2,403.28

Resistance 1$2,234.29

Price$2,121.96

Support 1$1,994.75

Support 2$1,826.83

Support 3$1,157.44

Pivot (PP):$2,110.44

Trend:Downtrend

RSI (14):32.9

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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