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Ethereum rebounds as whales leverage their lending to sell off, having lent out over $80 million worth of ETH.

2026-06-15 13:52:51
Shareshare
According to Lookonchain monitoring, as the market rebounded, a whale address borrowed another 19,000 ETH (approximately $33.48 million) from the decentralized lending protocol Aave and used it for selling during the day. This whale has now borrowed a total of 44,389 ETH from Aave, worth approximately $80.56 million, and there is still a possibility of further borrowing and selling.
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