A certain whale accumulated a purchase of 8454.3 ETH through the method of revolving loans within 18 hours

Bitget2024/05/18 09:02

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According to on-chain analyst EmberCN, the whale primarily playing with ETH cycle loans has purchased a total of 8,454.3 ETH (26.34 million USD) through cycle loans in the past 18 hours since 10 o'clock last night, at an average price of about 3,079 USD. He currently lends out stablecoins worth 17.5 million USDT and his loan health rate is 1.24 (without adding collateral, if the price of ETH reaches around 2,364 his position will be liquidated).

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