BTC $63,513.00 +0.83%
ETH $1,903.77 +1.35%
BNB $605.41 +0.09%
XRP $1.00 +0.42%
SOL $75.77 +0.53%
TRX $0.3325 +0.43%
DOGE $0.0702 +0.77%
ADA $0.1766 -0.07%
BCH $205.33 +0.95%
LINK $9.47 +1.44%
HYPE $59.31 +3.89%
AAVE $86.22 +0.42%
SUI $0.6782 +0.44%
XLM $0.1583 +0.95%
ZEC $512.86 +5.42%
BTC $63,513.00 +0.83%
ETH $1,903.77 +1.35%
BNB $605.41 +0.09%
XRP $1.00 +0.42%
SOL $75.77 +0.53%
TRX $0.3325 +0.43%
DOGE $0.0702 +0.77%
ADA $0.1766 -0.07%
BCH $205.33 +0.95%
LINK $9.47 +1.44%
HYPE $59.31 +3.89%
AAVE $86.22 +0.42%
SUI $0.6782 +0.44%
XLM $0.1583 +0.95%
ZEC $512.86 +5.42%

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

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 The ETH collateralized by this whale was withdrawn from Bitfinex 5 years ago when the ETH price was 1,354 USD.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