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

ETH

ETH/USDT

$1,930.97

+0.69%

$1,930.97

+0.69%

(24s)

24h Volume

$15,764,184,570.61

24h H/L

$1,937.17 / $1,835.36

Change: $101.81 (5.55%)

Long/Short

75.8%

Long: 75.8%Short: 24.2%

Funding Rate

-0.0004%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,903.05

▼ -1.39%

Volume (24h): -

Resistance Levels

Resistance 3$2,148.57

Resistance 2$2,063.45

Resistance 1$1,976.06

Price$1,903.05

Support 1$1,889.43

Support 2$1,746.27

Support 3$1,285.50

Pivot (PP):$1,891.86

Trend:Downtrend

RSI (14):38.0

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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