Aave: Whale Borrows $44M USDT for 25,851 ETH

Aave facilitated a leveraged ETH purchase as one whale drew 44.42 million USDT across two addresses to acquire 25,851 ETH at $1,718, leaving one position with a health factor of 1.23 and liquidation price at $1,355.

Price action on the 4-hour chart shows ETH testing lower Bollinger Band support near $1,650 while RSI at 21.42 signals oversold conditions amid the death cross on MACD, suggesting potential relief rally toward EMA50 resistance at $1,908 before any sustained move. This structure aligns with historical patterns of whale ETH accumulation via DeFi lending protocols during price dips over the past year.