Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
🚨 Whales begin leveraging to build an ETH position! One move locks in over $16 million
A very typical “looping/add-on buying” operation appeared on-chain.
A certain whale first deposits 3,500 ETH (about $8.26 million) into Aave V3 as collateral, then borrows 8 million USDC. Next, this capital is used to buy 3,386 ETH at a price of $2,363, and is deposited back into Aave again to serve as collateral.
After this round of operations, the whale’s current total holdings have reached 6,886 ETH. Based on the current price, it is worth approximately $16.22 million.
In simple terms, this is a strategy for amplifying a position through collateralized borrowing:
First, collateralize ETH to borrow stablecoins → then buy more ETH → continue collateralizing, maximizing capital efficiency.
💡 My observation:
This kind of operation usually happens only in two situations:
1️⃣ When they’re very bullish on the outlook and want to amplify returns
2️⃣ When they use low-interest-rate funds to set up leverage
But it’s important to note that although this type of strategy can amplify returns, it also amplifies risk. If the market sees a major pullback and the loan-to-value (LTV) ratio falls, it may trigger forced liquidation.
🌱 A message for all investors:
Whales can use leverage to amplify opportunities, but for ordinary investors, it’s more important to control risk and position size.
The people who truly make it through the market aren’t the ones who earn the fastest—they’re the ones who can go the farthest. 🚀