Technical analysis by LIMHUI1222 about Symbol ETH on 5/24/2023

1 / Smart whale who made ~$2.5M during #USDC decoupling goes long ETH on #Aave. Today, this whale: - Converted 7,169 stETH with 7,169 ETH. - Deposited 7,169 stETH into #Aave. - Borrowed $8.45M USDT. - Deposited 8.45M USDT into #Binance (possible ETH purchase). 2/ Whale deposited 28,755 stETH ($52M) to Aave and borrowed a total of 36M USDT. The health rate is 1.2. When the price of ETH drops by 20% (~1,511), it will be liquidated. 3/ During the USDC decoupling period, Smart Whale exchanged a total of 66.6M USDT for 69.2M USDC. USDC was then exchanged for USDT when USDC returned to the peg in April. The profit was about $2.5 million!