List of Flash News about DeFi looped lending
| Time | Details |
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2025-12-18 02:10 |
Ethereum Whale 0xa339 Sells 20,599 ETH in 48 Hours at $2,825, Books $6.67M Profit; Still Holds 30,000 ETH
According to @EmberCN, Ethereum whale address 0xa339, known for using looped lending to go long ETH, sold another 10,599 ETH in the past hour at a sale price of $2,825 for roughly $29.94 million, according to @EmberCN. Over the past two days, the address has sold a total of 20,599 ETH for about $59.09 million, realizing approximately $6.67 million in profit on these sales, according to @EmberCN. Based on these figures, the implied average cost basis for the sold tranche is about $2,546 per ETH and the wallet remains net negative when including an earlier realized loss of about $40 million in April, according to @EmberCN. The address still holds approximately 30,000 ETH, which at the $2,825 reference price represents around $84.75 million in remaining exposure, according to @EmberCN. |