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ZEC $353.77 +3.83%
BTC $77,852.39 +5.33%
ETH $2,446.58 +6.30%
BNB $644.32 +4.26%
XRP $1.50 +6.82%
SOL $90.23 +6.59%
TRX $0.3249 -0.86%
DOGE $0.1009 +5.94%
ADA $0.2662 +7.63%
BCH $458.83 +5.18%
LINK $9.83 +6.82%
HYPE $44.85 +0.59%
AAVE $116.25 +10.41%
SUI $1.03 +7.68%
XLM $0.1737 +8.59%
ZEC $353.77 +3.83%

Data: After 5 years of dormancy, a certain whale borrowed 70 million USDT by collateralizing 44,500 ETH to go long on ETH

2026-02-02 09:58:55
Collection

According to on-chain analyst Yu Jin's monitoring, a giant whale/institution that has been dormant for 5 years made a leveraged long position on ETH early this morning: it collateralized 44,500 ETH (100.2 million USD) to borrow 70 million USDT and continued to buy 30,222 ETH at a purchase price of 2,316 USD. The ETH collateralized by this whale was withdrawn from Bitfinex 5 years ago when the ETH price was 1,354 USD. Currently, the profit is 42.57 million USD.

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