According to @EmberCN, ETH whale/institution "7 Siblings" resumed dip-buying after today’s drop by borrowing 40M USDC on Aave and purchasing 1,326 ETH with 5M USDC in the last hour at an average price of $3,771, source: https://twitter.com/EmberCN/status/1976835462393446633. Historical activity cited shows they bought 100,000 ETH around $2,270 after a 15%+ ETH decline on Aug 5 last year and 25,000 ETH around $1,700 after a 10%+ decline on Apr 7 this year, source: https://twitter.com/EmberCN/status/1976835462393446633. The tracked wallet address is 0x28a55c4b4f9615fde3cdaddf6cc01fcf2e38a6b0, viewable on DeBank for real-time holdings and flows, source: https://debank.com/profile/0x28a55c4b4f9615fde3cdaddf6cc01fcf2e38a6b0. This on-chain accumulation and lending activity provides a tradable signal for short-term ETH participants to monitor spot inflows and potential follow-through, source: https://twitter.com/EmberCN/status/1976835462393446633 and https://debank.com/profile/0x28a55c4b4f9615fde3cdaddf6cc01fcf2e38a6b0.

According to EmberCN, a cryptocurrency whale recently borrowed 10.2 million USDT through a looped loan strategy on Aave to purchase 109.2 WBTC at $93,331 each. This move increases the whale's total holding to 256.2 WBTC, valued at $24.12 million, with an average cost of $87,162 per WBTC. However, the leverage on this long BTC position shows a low health factor of 1.14, with a liquidation price set at $82,457. These figures indicate potential risks and opportunities in the current market conditions.

According to @EmberCN, whale nemorino.eth sold 10,828.5 ETH for $28 million USDC to repay a loan on Aave, with an average selling price of $2,586 per ETH. After clearing the debt, the whale still holds 8,833.4 ETH valued at $23.26 million. Such deleveraging by a whale is typically seen as a bearish signal.

According to EmberCN, Longling Capital has withdrawn 10,000 ETH, worth approximately $30.65 million, from Binance 15 minutes ago.