Whale Wallet Adds 5,818 ETH After $10M Aave Loan

Whale wallet 0x54d2 has deepened its Ethereum exposure after securing an additional 10 million USDe loan from Aave, which was promptly used to acquire 5,818 ETH at $1,719 per token.

Following this move, the wallet’s total borrowing from Aave has risen to around $153 million in stablecoins. The position now carries a health factor of 1.21, while the estimated liquidation threshold stands near $1,420.

Source: Lookonchain