According to Deep Tide TechFlow, on May 27, analyst Yu Jin monitored a certain whale or institution spending $23 million in one day across four addresses to increase its holdings by 8,846.5 ETH at an average price of $2,600.
This whale or institution currently holds 133,600 ETH, worth approximately $357.83 million. The funds for the increase were obtained by borrowing against ETH collateralized on Aave, indicating the use of leverage for the increase.
