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BTC $76,245.61 -1.29%
ETH $2,282.53 -1.04%
BNB $623.16 -0.58%
XRP $1.38 -1.35%
SOL $83.85 -0.98%
TRX $0.3221 -0.71%
DOGE $0.0995 +0.26%
ADA $0.2465 -0.53%
BCH $452.23 +0.49%
LINK $9.22 -1.04%
HYPE $39.97 -3.95%
AAVE $96.36 -1.03%
SUI $0.9227 -1.26%
XLM $0.1621 -2.15%
ZEC $335.85 -4.94%

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 The ETH collateralized by this whale was withdrawn from Bitfinex 5 years ago when the ETH price was 1,354 USD.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