VitalikTrumpXiMuskPepeShrekMarioPacRoseETH9999Inu (ETH)

Well... the ETH bear finally decided to cash in some profits😅.

Hope you all remember the whale who spent the last two days borrowing huge amounts of $ETH from Aave and sending it straight to Binance.

Turns out the trade actually worked. Between June 8 and June 9, address 0x1be4 used roughly $132 million in stablecoins as collateral, borrowed and sold a total of 35,000 ETH, with an average selling price around $1,672. Then, about 3 hours ago, something changed. For the first time since opening the position, the whale withdrew 7,000 #ETH back from Binance and used it to repay part of the Aave loan.

In other words, he bought back a portion of the ETH he had previously sold short. And yes... he made money doing it. Based on the transactions, that first round-trip generated an estimated profit of around $190,000. FURTHER , Even after repaying 7,000 ETH, the wallet still has 28,000 ETH outstanding on Aave, meaning the majority of the short position remains open. So while he's taken a little profit off the table, he's still betting that ETH has room to move lower.

Add: 0x1be45feF92C4E2538fEcd150757Ed62b7B3757D7