According to @ai_9684xtpa, wallet 0xC26...7869C borrowed 11 million USDT from Aave about 9 hours ago and bought 2,502 ETH on-chain at an average price of $4,396.5, source: @ai_9684xtpa on X. The address currently shows 10,345 ETH posted as collateral and approximately $20.08 million in stablecoins borrowed with a health factor of 1.84, source: DeBank profile for the address as referenced by @ai_9684xtpa. This activity indicates a leveraged long ETH position by the wallet based on the Aave borrow and subsequent ETH purchases, source: @ai_9684xtpa and DeBank wallet metrics.

According to Lookonchain, whale address 0x9992 borrowed $10 million USDT from Aave and purchased 3,983 ETH at $2,510.64 per ETH just four hours ago (source: Lookonchain via Twitter). This large-scale leveraged buy indicates strong bullish conviction in Ethereum price action, potentially signaling upward momentum for ETH in the short term. Such whale activity is closely monitored by traders as it may increase volatility and provide liquidity, presenting both risk and opportunity for swing and day traders in the ETH/USDT trading pair. Monitoring on-chain flows and Aave lending rates is recommended for crypto traders looking to capitalize on this development.