Whale taps Aave for $142M USDT, buys 87,680 ETH in 30 hours

Odaily Planet Daily reported that Lookonchain data shows a large whale borrowed $142 million in USDT from Aave over a 30-hour period and used the funds to purchase 87,680 ETH at an average price of $1,620. The wallet's Aave health factor has fallen to 1.16, with an estimated liquidation price of $1,354.51.