The wave trader is too fierce. After cutting his losses yesterday afternoon, he spent another 82.34 million USDT to buy 25,204.6 ETH in the past 7 hours, with an average price of $3,322.

Among this, 34.5 million USDT was borrowed from Aave by collateralizing ETH, which means he not only used his entire position but also leveraged a bit (it seems this is his first time using leverage). It looks like the trader is very optimistic about ETH's performance in the near future.