Whale borrows $29.8M in ETH from Aave for suspected short sale

An anonymous whale address starting with 0x1be4 borrowed 18,000 ETH, worth $29.83 million, from the crypto lending protocol Aave (AAVE) and deposited the funds to Binance a short time ago. On-chain analyst Lookonchain suggested that the whale likely borrowed the ETH to short the asset.