
An Ethereum whale’s latest 2,836 ETH acquisition and leveraged strategy via Aave and OKX boosts unrealized profits to $6.207M, underscoring active collateral cycling in DeFi markets.
An Ethereum whale added 2,836 ETH worth $9.15 million, depositing the funds to Aave to borrow 6.2 million USDT, which was sent to OKX for leveraged long positions. Since December 5, 2025, the whale has accumulated 50,152 ETH at an average cost of $3,117 per token, now valued at $156 million with $6.207 million in unrealized profit. The transactions demonstrate active use of collateral cycling between DeFi and centralized exchanges.