A certain whale accumulated the purchase of 8,454.3 ETH through a revolving loan in 18 hours

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, a whale primarily engaged in ETH circular lending has accumulated a total of 8,454.3 ETH (26.34 million USD) through circular lending over the past 18 hours since 10 PM last night, with an average price of approximately 3,079 USD.

He currently has 17.5 million USDT in stablecoins borrowed, with a borrowing health ratio of 1.24 (without increasing collateral, his position will face liquidation if the ETH price reaches around 2,364).