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ETH $2,361.05 -2.82%
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AAVE $111.80 -4.83%
SUI $0.9611 -5.19%
XLM $0.1691 -2.66%
ZEC $324.95 -2.04%
BTC $75,770.53 -1.99%
ETH $2,361.05 -2.82%
BNB $633.47 -1.12%
XRP $1.43 -2.88%
SOL $86.69 -3.19%
TRX $0.3299 +1.06%
DOGE $0.0954 -4.84%
ADA $0.2494 -5.11%
BCH $445.93 -2.00%
LINK $9.36 -3.45%
HYPE $44.23 -0.03%
AAVE $111.80 -4.83%
SUI $0.9611 -5.19%
XLM $0.1691 -2.66%
ZEC $324.95 -2.04%

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 The ETH collateralized by this whale was withdrawn from Bitfinex 5 years ago when the ETH price was 1,354 USD.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