BTC $64,053.87 -0.15%
ETH $1,840.39 -1.98%
BNB $568.12 -1.37%
XRP $1.08 -0.80%
SOL $74.95 -1.25%
TRX $0.3225 -0.17%
DOGE $0.0726 -0.64%
ADA $0.1663 +1.92%
BCH $220.77 -0.81%
LINK $8.25 -2.26%
HYPE $59.76 -4.33%
AAVE $90.55 -1.81%
SUI $0.7388 -1.46%
XLM $0.1862 -2.48%
ZEC $543.29 +0.41%
BTC $64,053.87 -0.15%
ETH $1,840.39 -1.98%
BNB $568.12 -1.37%
XRP $1.08 -0.80%
SOL $74.95 -1.25%
TRX $0.3225 -0.17%
DOGE $0.0726 -0.64%
ADA $0.1663 +1.92%
BCH $220.77 -0.81%
LINK $8.25 -2.26%
HYPE $59.76 -4.33%
AAVE $90.55 -1.81%
SUI $0.7388 -1.46%
XLM $0.1862 -2.48%
ZEC $543.29 +0.41%

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 The ETH collateralized by this whale was withdrawn from Bitfinex 5 years ago when the ETH price was 1,354 USD.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