BTC $64,019.77 -0.14%
ETH $1,840.64 -1.64%
BNB $567.03 -1.33%
XRP $1.08 -0.88%
SOL $74.95 -1.00%
TRX $0.3227 -0.12%
DOGE $0.0723 -1.01%
ADA $0.1652 +1.69%
BCH $219.77 -0.78%
LINK $8.23 -2.16%
HYPE $59.66 -4.80%
AAVE $90.41 -1.97%
SUI $0.7377 -1.27%
XLM $0.1863 -2.13%
ZEC $541.16 -0.05%
BTC $64,019.77 -0.14%
ETH $1,840.64 -1.64%
BNB $567.03 -1.33%
XRP $1.08 -0.88%
SOL $74.95 -1.00%
TRX $0.3227 -0.12%
DOGE $0.0723 -1.01%
ADA $0.1652 +1.69%
BCH $219.77 -0.78%
LINK $8.23 -2.16%
HYPE $59.66 -4.80%
AAVE $90.41 -1.97%
SUI $0.7377 -1.27%
XLM $0.1863 -2.13%
ZEC $541.16 -0.05%

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 The ETH collateralized by this whale was withdrawn from Bitfinex 5 years ago when the ETH price was 1,354 USD.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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