Ai Yi says Kanye-linked address has $2.48m paper loss on ETH long

The story so far: Large ETH holder accumulation

An address linked to Kanye West has been accumulating ETH, with an average entry around $2,450, and pledged ETH on Aave to borrow stablecoins. It has now sold 1,390 ETH at an average of $2,275.6 for $3.16m, a $317,000 loss, and still holds 19,506.17 ETH pledged against $27.7m in stablecoins.

1. 4 Oct 202607:15 UTC

   Address withdraws 1,420 ETH from OKX and stakes it on Lido, on-chain analyst says

   An address withdrew 1,420 ETH, worth $3.82m, from OKX over three hours at a withdrawal price of $2,692.47 and deposited it into Lido for staking, according to on-chain analyst Ai Yi.

   EthereumOdailyAIBullish

2. 5 Oct 202612:48 UTC

   Large ETH holder adds $3.36m, total purchases reach 2,656 ETH

   On-chain analyst Ai Yi reported that a large holder who opened an ETH position yesterday added $3.36m, withdrawing 1,236 ETH from OKX an hour ago. Cumulative purchases since yesterday total 2,656 ETH (about $7.18m) at an average price of $2,703.3…

   EthereumOdailyAIBullish

3. 15 Oct 202600:56 UTC

   Whale adds 3,288 ETH as ether falls, on-chain analyst says

   On-chain analyst Ai Yi says a whale withdrew 1,100 ETH from OKX at $2,516.77 about 20 hours earlier, worth roughly $2.77m, then added 2,188 ETH at $2,416.89 an hour before the report, worth about $5.29m, for an average price of $2,450 across 3,288 ETH.

   EthereumOdailyAIBullish

4. 22 Oct 202601:54 UTC

   Whale adds 9,000 ETH to long position, average falls to $2,553.31

   A whale that has been looping long ETH since late September added 9,000 ETH, cutting its average entry to $2,553.31, analyst Ai Yi said. It has deposited 18,500.54 WETH worth $45.5m on Aave and borrowed $25m in stablecoins, with a health score of 1.51.

   EthereumOdailyAIBullish

5. 22 Oct 202602:02 UTC

   Ai Yi says suspected Kanye West address pledges 18,500 WETH to borrow $25.0m

   Onchain analyst Ai Yi says an address suspected to belong to Kanye West pledged 18,500 WETH on Aave to borrow $25.0m in stablecoins, lifting its ETH long average to $2,553.31 after buying from $2,736.47 down to $2,460. It moved $5.0m USDC to another address.

   EthereumOdailyAIBearish

6. 28 Oct 202601:44 UTC

   Ai Yi says Kanye-linked address has $2.48m paper loss on ETH long

   On-chain analyst Ai Yi says an address linked to Kanye West withdrew 4,000 ETH from Binance seven hours ago, deposited it on Aave and borrowed $6m in USDT. The address has 22,504.52 ETH pledged against $31m in loans, with a health score of 1.41 and an average ETH long entry of $2,503.86.

   EthereumOdailyAIBearish

7. 30 Oct 202603:28 UTC

   Kanye West-linked address sells 1,390 ETH at a $317,000 loss

   An address linked to Kanye West began selling 1,390 ETH in batches six hours earlier, after news of the Binance hack, at an average of $2,275.6 for $3.16m, a $317,000 loss, analyst Ai Yi says. It still has 19,506.17 ETH pledged against $27.7m in stablecoins, with liquidation at $1,689.59.

   EthereumOdailyAIBearish