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BTC $67,722.23 -4.51%
ETH $1,926.79 -2.04%
BNB $667.91 -1.60%
XRP $1.24 -3.94%
SOL $77.06 -3.05%
TRX $0.3372 -2.63%
DOGE $0.0958 -2.64%
ADA $0.2181 -4.19%
BCH $285.33 -0.55%
LINK $8.67 -2.70%
HYPE $71.95 +0.62%
AAVE $76.09 -3.39%
SUI $0.8353 -3.41%
XLM $0.2216 -12.14%
ZEC $596.04 +11.63%

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 The ETH collateralized by this whale was withdrawn from Bitfinex 5 years ago when the ETH price was 1,354 USD.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