Whales Sell 4,800 WSTETH for $17.86M!
Two whales, possibly controlled by the same entity, have sold a total of 4,800 WSTETH for 17.86M USDT at an average price of $3,720 per WSTETH.
Transaction Details:👇
Total Sold: 4,800 WSTETH
Total Value: 17.86M USDT
Average Price: $3,720 per WSTETH
Breakdown of Sales:👇
Whale 1: 0xab92fca834aac2afe16cf6a2fc60cc7a864a77a5
Sold: 2,500 WSTETH
Proceeds: 9.292M USDT
Whale 2: 0x790c9422839fd93a3a4e31e531f96cc87f397c00
Sold: 2,300 WSTETH
Proceeds: 8.563M USDT
Accumulation and Strategy:
These whales appear to have accumulated WSTETH during the bear market in 2023, now realizing profits from their holdings.
Current Holdings and Borrowing:👇
Total STETH Supplied to Aave: 22,168 STETH ($70.3M)
Whale 1:
Supplied: 12,852 STETH ($40.7M)
Borrowed: $29.62M USDC and USDT
Health Rate: 1.11
Whale 2:
Supplied: 9,316 STETH ($29.6M)
Borrowed: $16.94M USDC and USDT
Health Rate: 1.41
These transactions highlight the whales' strategic asset management and liquidity provision in the DeFi space.