Ethereum Whale Borrows 4,000 ETH on Aave to Initiate New Short Position

• Ethereum whale shorts 4,000 ETH after losing $14.23M on earlier trades between April 22 and 25.
• ETH price rises 1.85% to $1,806.26, showing resilience despite heavy whale shorting activity.
• Exchange flows and active addresses show a balanced but uncertain outlook for Ethereum’s recovery.

A well-known Ethereum whale is betting against the recent ETH price recovery. On-chain analyst @ai_9684xtpa reported via X that this whale borrowed 4,000 ETH (worth about $7.25 million) from the DeFi lending platform Aave. The analyst noted the whale borrowed this ETH specifically to open a new short position, signaling a cautious or bearish outlook.

「04.13 以来 $ETH 波段获利 102.9 万美元巨鲸」也是头很铁啊，再空一次 ETH！这次能拿回属于他的一切吗

04.22-04.25 借币做空 ETH 亏损 38.2 万美元后，11 小时前他再次从 Aave 借出 4000 枚 ETH 并以 $1,808.62 卖空，价值 725 万美元

钱包地址 https://t.co/COpoOVctZC

本文由 #Gateio |… https://t.co/5U3CpK5FJa pic.twitter.com/hYaLCIxu1l

— Ai 姨 (@ai_9684xtpa) April 26, 2025

Whale’s Rocky Recent Trades: Profits Followed by Losses

This isn’t the whale’s first big move…

The post Ethereum Whale Borrows 4,000 ETH on Aave to Initiate New Short Position appeared first on Coin Edition.