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The whale that leveraged long on ETH transferred 1970 ETH from CEX, collateralized and borrowed USDT, then deposited it back to CEX

The whale that leveraged long on ETH transferred 1970 ETH from CEX, collateralized and borrowed USDT, then deposited it back to CEX

Bitget2024/02/29 08:07
ETH-0.67%

20 minutes ago, the giant whale that leveraged long on ETH transferred out 1970 ETH from CEX again, collateralized and borrowed 6 million USDT to recharge into CEX, with a high probability of adding positions.

The whale has accumulated collateralized 13,691 ETH (47.47 million USD) and borrowed 30.37 million stablecoins; the average cost of ETH is about $2756, currently floating profit of $9.78 million.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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