Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
A giant whale went long ETH again 2 hours ago on leverage, after making $13.81 million in profit on four previous ETH longs

A giant whale went long ETH again 2 hours ago on leverage, after making $13.81 million in profit on four previous ETH longs

Bitget2024/08/23 12:30
ETH-2.67%

According to chain analyst Ashes, the giant whale, who has made a profit on all four occasions he has been long ETH through revolving loan leverage since October last year, opened his fifth leveraged long position in ETH two hours ago: he borrowed 10 million U to buy 3727.7 ETH from Venus using 250 BTCB ($15.21 million) from CEX as collateral, and then borrowed 7 million U to deposit into CoinSafe, which should continue to buy into ETH. He then continued to borrow 7 million U in CEX and should continue to buy into ETH. He has leveraged long ETH through revolving credit four times before and made $13.81 million in profits with a 100% win rate.

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.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Powell Damps Hopes for "Aggressive Rate Cuts," Ending U.S. Treasury’s Winning Streak
2
A newly created wallet spent approximately $1.33 million to purchase 27,321 HFUN tokens.

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,659.52
-1.27%
Ethereum
Ethereum
ETH
$4,474.12
-2.59%
XRP
XRP
XRP
$3
-2.51%
Tether USDt
Tether USDt
USDT
$1
+0.00%
BNB
BNB
BNB
$985.05
+0.06%
Solana
Solana
SOL
$238.79
-3.44%
USDC
USDC
USDC
$0.9997
+0.00%
Dogecoin
Dogecoin
DOGE
$0.2672
-4.02%
TRON
TRON
TRX
$0.3445
-1.82%
Cardano
Cardano
ADA
$0.8971
-2.91%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter