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Bhutan's Sovereign Wealth Fund Druk Holdings has initiated an ETH leveraged long position on the Aave protocol. According to on-chain data, the current leveraged position size of the fund is approximately 117,000 ETH, with a market value of about $459 million based on the latest prices. The construction of this large position reflects institutional investors' optimistic outlook on Ethereum's medium-term trend and also serves as a snapshot of activity in the DeFi lending market.