Data: A certain whale borrowed on Venus and purchased 3,727.7 ETH, then continued to collateralize the loan to go long on ETH

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, a giant whale that has made a profit from leveraging long positions on ETH four times since last October opened a fifth leveraged long position on ETH two hours ago.

It is reported that he withdrew 250 BTCB (approximately 15.21 million USD) from Binance as collateral to borrow 10 million U on Venus, then purchased 3727.7 ETH, and subsequently continued to use the ETH as collateral to borrow 7 million U to deposit in Binance, which is expected to continue buying ETH.