Ethereum Whale 0xa339 Sells 20,599 ETH (~$59.1M) to Repay Aave Loan, Still Holds 30,000 ETH and $15.7M Debt
According to LookIntoChain on-chain analytics, the whale 0xa339 has been unwinding a long ETH position through a leveraged borrowing strategy, selling 20,599 ETH over the last two days. At an average price of $2,869 per coin, the realized value totals roughly $59.1 million to repay the loan.
The same address reportedly maintains a substantial stake via Aave, holding about 30,000 ETH on the protocol, with a market value near $85.2 million. The position carries an outstanding debt of roughly $15.7 million, illustrating ongoing on-chain liquidity management within the Ethereum ecosystem.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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