List of Flash News about WETH accumulation
Time | Details |
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2025-05-12 03:05 |
WLFI-Linked Address Leverages 50 WBTC to Buy $4M ETH on Aave: $15 Million Position Signals Bullish Sentiment
According to Ai 姨 (@ai_9684xtpa), a WLFI-linked wallet deposited 50 WBTC on Aave and borrowed 4 million USDC in the past 8 hours, using these funds to purchase 1,590 WETH at an average price of $2,515. The address now holds 50 WBTC and 3,924 WETH, with a total value of $15.113 million. This aggressive leverage play by a large crypto holder could signal increased institutional confidence in Ethereum price upside and may drive near-term volatility in ETH markets. On-chain data confirms these transactions and highlights how major players utilize DeFi lending protocols to amplify their positions, a trend relevant for traders monitoring leverage risk and price action in the crypto market (source: twitter.com/ai_9684xtpa, intel.arkm.com). |