probably a short term trade.

According to PANews, an on-chain analyst identified as @ai_9684xtpa has reported that a whale with an 82% success rate in trading has recently increased their short position by 5,000 ETH. The whale borrowed tokens from Aave and sold them at an average price of $3,501.79, totaling $17.64 million. Currently, the whale's short position has grown to 15,612 WETH with a health factor of 1.45. Liquidation will be triggered if ETH reaches a price of $3,861.77.