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Crypto whale borrows $10M USDe from Aave to buy 5,818 ETH, doubling down on Ethereum.

Market News
15 Jun 2026
Crypto Briefing
View Source
Bullish
pluang ai news

A major Ethereum whale with 131,000 ETH borrowed $10 million in USDe stablecoins from Aave to purchase 5,818 ETH at $1,719 each, continuing a pattern of leveraged ETH accumulation. This strategy uses DeFi leverage by borrowing stablecoins against existing ETH collateral to buy more ETH, highlighting growing use of Ethena's USDe stablecoin in Aave markets. While this approach increases exposure to ETH gains, it also carries liquidation risks if ETH prices fall sharply. The whale's disciplined risk management and past profitable trades suggest confidence in ETH's upside potential, reflecting broader trends in DeFi leverage and stablecoin diversification.

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