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A whale has initiated a loop to long ETH, leveraging to buy 8613 ETH and borrowing 10 million USDT in the process.

2025-05-16 20:50

BlockBeats News, May 16: According to @ai_9684xtpa, a whale used leverage to buy 8613 ETH in the past hour, with a total value of $22.43 million and an average purchase price of $2612.33.


Currently, they have collateralized a total of 8613 ETH to borrow 10 million USDT, with a health factor of 1.86. A liquidation will be triggered if ETH falls to $1399.

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