A certain whale lent 152000 ETH and continued to short ETH/BTC

Odaily Planet Daily News: According to Lookonchain monitoring, a giant whale continues to increase its short position in ETH/BTC trading pairs. The whale has extracted 3644 cbBTC (approximately $304 million) from Coinbase and deposited 3034 cbBTC (approximately $253 million) into the Aave lending platform. Subsequently, the trader lent 79638 ETH (worth approximately $152 million) from Aave. This trading behavior indicates that the investor expects Bitcoin to perform stronger relative to Ethereum, or Ethereum to weaken relative to Bitcoin. Through this strategy of borrowing ETH and holding BTC, investors can short ETH/BTC trading pairs without closing BTC positions.