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ETH $1,660.72 +1.57%
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XLM $0.2013 -1.57%
ZEC $425.58 +6.39%
BTC $63,256.73 +1.16%
ETH $1,660.72 +1.57%
BNB $597.00 +0.56%
XRP $1.12 -0.51%
SOL $66.03 +1.52%
TRX $0.3264 -0.70%
DOGE $0.0856 +0.48%
ADA $0.1639 -0.69%
BCH $206.74 -8.82%
LINK $7.88 +1.51%
HYPE $61.26 +3.07%
AAVE $63.05 -0.89%
SUI $0.7497 -1.03%
XLM $0.2013 -1.57%
ZEC $425.58 +6.39%

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 The ETH collateralized by this whale was withdrawn from Bitfinex 5 years ago when the ETH price was 1,354 USD.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