According to @ai_9684xtpa, Trend Research sold another 20,000 ETH, bringing estimated total losses to about $554M. According to @ai_9684xtpa, since yesterday 73,589 ETH were deposited to Binance at an average deposit price of $2,299.96 and likely sold, implying roughly $59.19M in realized loss, while on-chain holdings of 598,342.35 ETH still show about $495M in unrealized loss. According to @ai_9684xtpa, on-chain data from Arkham address 0xFaf1358Fe6a9FA29A169Dfc272B14E709f54840f indicate a $38M USDT withdrawal from Binance followed by an Aave debt repayment, supporting the conclusion that the deposited ETH was sold.

According to @ai_9684xtpa, Trend Research withdrew 38 million USDT from Binance and deposited it into Aave to repay outstanding debt (source: @ai_9684xtpa on X). The same source reports that the ETH sent to the exchange was sold, with liquidation price details provided in the author's thread (source: @ai_9684xtpa on X). According to @ai_9684xtpa, to avoid liquidation Trend Research also deposited 20,000 ETH to Binance, and on-chain ETH holdings have declined to 608,251.55 ETH, approximately 1.28 billion dollars, with an indicated potential loss of 42.67 million dollars if those exchanged ETH were sold as noted by the author (source: @ai_9684xtpa on X). The same source provides the wallet address 0xFaf1358Fe6a9FA29A169Dfc272B14E709f54840f for verification (source: @ai_9684xtpa on X).

According to @lookonchain, Trend Research deposited another 20,000 ETH to Binance and has sent a total of 33,589 ETH to Binance over the past 20 hours (source: @lookonchain). According to @lookonchain, the address withdrew 77.5M USDT to repay its loan on Aave and is selling ETH to service that debt (source: @lookonchain). According to @lookonchain, the entity still holds 618,045 ETH (source: @lookonchain).

According to @lookonchain, two Ethereum wallets dormant for about five years deposited 44,490 ETH into Aave and borrowed 104M USDT to buy 45,319 ETH at an average price near 2,295, indicating a leveraged looped borrowing accumulation strategy, source: @lookonchain. The specific deposit, borrow, and swap transactions are visible for the reported addresses via Arkham Intelligence, confirming the sequence of Aave collateralization followed by ETH purchases, source: Arkham Intelligence via @lookonchain. This setup increases net long ETH exposure using collateralized loans and subjects positions to liquidation if the health factor falls as ETH price declines, consistent with Aave risk and liquidation mechanics, source: Aave documentation. Increased USDT borrowing raises Aave stablecoin utilization, which mechanically lifts variable borrow rates and funding costs for leveraged looped positions, source: Aave interest rate model documentation.

According to @lookonchain, a wallet labeled BitcoinOG (1011short) is selling ETH to repay an Aave loan, depositing 121,185 ETH to Binance over the past two days and withdrawing 92.5 million dollars in stablecoins for repayment (source: @lookonchain). According to @lookonchain, the address still holds 30,661 BTC and 783,514 ETH on-chain, indicating substantial remaining inventory alongside active deleveraging (source: @lookonchain). According to @lookonchain, these flows reflect selling ETH for debt reduction, which typically lowers liquidation risk on Aave while routing additional ETH supply to centralized exchange order books (source: @lookonchain).

According to EmberCN, an ETH whale who was liquidated on Hyperliquid with an estimated USD 230 million loss transferred 100,000 ETH valued around USD 242 million into Binance, raising sell-off questions. According to EmberCN, the same address borrowed about USD 240 million on Aave and sent it to Binance days earlier, then withdrew 148,000 ETH worth about USD 431 million from Binance at an average price near USD 2,912. According to EmberCN, after the latest 100,000 ETH transfer to Binance, the address still holds roughly USD 4.5 billion in on-chain assets. According to EmberCN, these on-chain flows by a large ETH whale toward Binance are being watched for potential exchange inflow driven selling risk.

According to @ai_9684xtpa, a tracked address associated with the holder nicknamed Yi Boss withdrew 10,000 ETH from Aave and deposited the same amount to Binance, citing Arkham wallet 0xE5C248D8d3F3871bD0f68E9C4743459C43BB4e4c as the source. According to @ai_9684xtpa, the address subsequently withdrew 6,411 ETH from Binance, with the author attributing valuations to these transfers in USD and referencing the same Arkham address. According to @ai_9684xtpa, the address still holds about 642,000 ETH with an estimated average cost near 3,104.36 USD and an unrealized loss around 429 million USD, based on the Arkham wallet data cited. According to @ai_9684xtpa, these flows suggest partial selling and a move to reduce leverage by the whale, implying potential near-term exchange supply to watch via the cited Arkham wallet and Aave position.

According to @ai_9684xtpa, Trend Research withdrew 10,000 ETH from Aave and transferred it to Binance, valued around $24.35 million, with the wallet reference provided via ARKM (source: @ai_9684xtpa). The source also reports cumulative withdrawals of 109 million USDT from Binance that were deposited into Aave to reduce liquidation risk (source: @ai_9684xtpa). The source notes the wallet’s ETH cost basis near $3,104.36 and reports large unrealized losses, with current holdings cited at 661,272.65 ETH in a follow-up (source: @ai_9684xtpa).

According to @EmberCN, the whale or institution known as 7 Siblings, which has deposited 597,000 ETH on Spark (valued at roughly $1.46 billion), tends to buy Ethereum after single-day drops of 10 percent or more (source: @EmberCN). According to @EmberCN, after ETH fell more than 10 percent, 7 Siblings borrowed about $40 million from Spark and Aave and purchased 12,781 ETH for around $31 million, indicating continued on chain dip-buying behavior via DeFi lending (source: @EmberCN).

According to Julian Kwan, only a small fraction of Bitcoin is earning yield, with about 7 billion deployed across on-chain BTC DeFi and roughly 3.8 billion in the Aave WBTC pool compared with a Bitcoin market of over 2 trillion, indicating the bottleneck is structural rather than demand (source: Julian Kwan on X). According to Kwan, IXS brings RWA backed yield to Bitcoin and Aave’s WBTC pool represents a major existing route for BTC yield, underscoring a large, underutilized base that could shift as structural access improves (source: Julian Kwan on X).

According to @ai_9684xtpa, Trend Reseach withdrew a cumulative 109 million USDT from Binance over the past nine hours, including 80 million USDT originally funded on 01.28, and deposited the funds into Aave as collateral to reduce liquidation risk (source: @ai_9684xtpa). The same source reports the tracked wallet 0xE5C248D8d3F3871bD0f68E9C4743459C43BB4e4c holds 661,272.65 ETH at an average cost around 3,104.36 dollars, showing an unrealized loss of roughly 179 to 192 million dollars, and that ETH briefly fell to 2,805 dollars prompting an urgent margin add on Aave (source: @ai_9684xtpa). The post attributes the move to lowering liquidation risk during the intraday ETH drawdown, with the wallet and Arkham link provided for verification (source: @ai_9684xtpa).

According to @ai_9684xtpa, after ETH briefly fell to $2,805, Trend Research withdrew 36.39M USDT from Binance and deposited it into Aave as collateral, while holding 661,272.65 ETH at an average cost near $3,104.36 with an unrealized loss around $179M at that time, source: @ai_9684xtpa. According to @ai_9684xtpa, the address later borrowed 80M USDC from Aave after ETH moved back above $3,000, with the reported unrealized loss narrowing to about $55.78M, source: @ai_9684xtpa. According to @ai_9684xtpa, these on-chain actions indicate active leverage and collateral management on Aave by a large ETH holder, a dynamic traders often monitor for potential liquidity and volatility impacts, source: @ai_9684xtpa.

According to @ai_9684xtpa, Trend Research borrowed 80 million USDC from Aave after ETH reclaimed the $3,000 level, signaling a potential plan to add ETH exposure (source: @ai_9684xtpa). According to @ai_9684xtpa, the fund holds about 661,272.65 ETH with an average cost near 3,104, and their unrealized PnL has oscillated between roughly 56 million and 93 million in losses as price moved around that cost basis (source: @ai_9684xtpa). According to @ai_9684xtpa, the tracked wallet is 0xF17F2E4217e21B58c191E64A9E2ce624ED174730 as cited via Arkham Explorer, supporting the on-chain activity claims (source: @ai_9684xtpa). According to @ai_9684xtpa, the team states they are buying ETH dips, view recent volatility as acceptable, target ETH at 20,000 long term, and hold a sizable WLFI position while being bullish on USD1 (source: @ai_9684xtpa). According to @ai_9684xtpa, traders should watch for further Aave borrow changes and transfers from the cited wallet to exchanges as near-term on-chain signals for potential ETH bid support around the reported cost basis (source: @ai_9684xtpa).

According to @lookonchain, the wallet known as BitcoinOG (1011short) closed massive longs on Hyperliquid after roughly 50 days, incurring over $100M in losses and paying more than $8.2M in funding fees, then shifted to Aave to loop ETH longs. According to @lookonchain, over the past two days the address withdrew 148,000 ETH (about $426.6M) from Binance into Aave and borrowed $240M in stablecoins, showing a health rate of 1.49 and a liquidation price of $1,954. Based on @lookonchain’s reported health and liquidation level, traders can monitor downside risk toward $1,954 where Aave liquidations could occur, with potential knock-on effects for DeFi liquidity and perp funding dynamics.

According to @EmberCN, a large trader closed long positions of 30,600 ETH and 427 BTC on Hyperliquid and shifted to using Aave for leveraged ETH exposure via looped borrowing. Per @EmberCN, the account still holds about $680 million in long exposure, primarily in ETH, with a stated liquidation level near $2,158. According to @EmberCN, this repositioning centers risk around the identified ETH liquidation level and reflects a rotation from derivatives exposure on Hyperliquid to on-chain leverage via Aave.

According to @ai_9684xtpa, a trader dubbed the 1011 flash crash insider trimmed leveraged longs on Hyperliquid, reducing 14,000 ETH and 427.28 BTC with realized losses of $3.624M and $1.612M, respectively (source: @ai_9684xtpa citing Hyperliquid tracker hyperbot.network). According to @ai_9684xtpa, the account’s remaining net long exposure stands near $680M with an unrealized loss around $47.97M (source: @ai_9684xtpa citing Hyperliquid data). According to @ai_9684xtpa, address 0xcA0…b2998 withdrew 30,000 ETH from Binance, lifting cumulative spot accumulation to 148,000 ETH funded by about $240M stablecoin borrows on Aave with health factor 1.49 and an ETH liquidation price of $1,953.09 (source: @ai_9684xtpa citing Arkham Intel and Aave dashboard). According to @ai_9684xtpa, traders should watch ETH and BTC funding, Hyperliquid positioning, and the Aave health metrics for potential liquidation pressure around the cited ETH liquidation level (source: @ai_9684xtpa and linked data tools).

According to @ai_9684xtpa, wallet 0xcA0...b2998 withdrew 30,000 ETH from Binance and has accumulated 148,000 ETH from exchanges since yesterday, with a reported notional value of about $427 million, based on on-chain traces cited by @ai_9684xtpa and ARKM intel data. According to @ai_9684xtpa referencing Aave on-chain data, the wallet has borrowed roughly $240 million in stablecoins to loop long, showing a health factor of 1.49 and an ETH liquidation level near $1,953.09. According to @ai_9684xtpa via the Hyperliquid tracker hyperbot.network, the trader cut 12,587.99 ETH longs at a realized loss of about $3.424 million and still holds approximately 210,752.65 ETH, 1,000 BTC, and 511,000 SOL longs with total position value near $767 million and an unrealized loss around $57.13 million. Based on the metrics reported by @ai_9684xtpa and the referenced ARKM and Hyperliquid trackers, traders should monitor Aave health factor, ARKM wallet flows, and Hyperliquid positioning for potential bid support from spot accumulation versus elevated downside liquidation risk around the stated ETH level.

According to @lookonchain, a whale known as BitcoinOG (1011short) bought 22,000 ETH and appears to be looping ETH longs by creating a new wallet, withdrawing 61K ETH from Binance to Aave, borrowing 60M USDC on Aave, and sending it back to Binance, based on Arkham Intelligence on-chain data. According to @lookonchain, the same entity holds a large BTC, ETH, and SOL long currently deep in the red, highlighting continued leveraged exposure tied to these flows.

According to @OnchainLens, a newly created wallet labeled 0xA75 bought 11,000 ETH (about $31.78M) from Binance, supplied the ETH to Aave V3, borrowed $30M USDC, and sent the USDC back to Binance to buy more ETH; the address now holds 72,000 ETH valued roughly $208.5M (source: @OnchainLens; data: Nansen). According to @OnchainLens, whales are accumulating ETH, with wallet 0xcA0 purchasing 61,000 ETH (about $171.15M) from Binance and wallet 0xFB7 adding 20,000 ETH (about $56.13M) from Wintermute, bringing 0xFB7’s holdings to 100,130 ETH (about $283.79M); addresses disclosed include 0xcA08371f6e9204Dd6927dcc2dB5504EA062b2998 and 0xFB78AA8F38843629e89951D9db6FdC398d75e0A3 (source: @OnchainLens; data: Nansen).

According to @OnchainLens, an ETH whale reactivated after two years, supplied 2,000 ETH to Aave V3, borrowed 2 million USDC, and purchased 686 ETH, with current holdings at 10,759 ETH worth about 31.24 million dollars across three wallets, based on Arkham Intelligence address data. According to @OnchainLens and Arkham Intelligence, this onchain flow increases net ETH exposure via collateralized borrowing on Aave V3, indicating a leveraged long structure that traders track for directional signals and liquidity shifts in DeFi.