This whale just arbitrage-margined $180 million worth of ETH on AAVE with a 5x return. Trader 0xb04 not only went long on ETH but also took advantage of the long staking yield. With just $20 million in margin, he arbitrage-margined $180 million worth of ETH, earning a 4% annualized yield, and borrowed $170 million worth of ETH at a 3% interest rate. This means he has an expected annual return of over $2 million, in addition to profiting from ETH's price fluctuations. Address: 0xb0449Ec1A8a60F95322617d6Ed52E1Ba1a7Beb49
ETH
-2.63%
AAVE
-1.24%
weETH
-2.19%
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