According to BlockBeats On-chain Detection, a significant whale has utilized leverage to acquire 8,613 ETH, valued at $22.43 million, within the past hour. The average purchase price was $2,612.33 per ETH.

The whale has currently collateralized the 8,613 ETH to borrow 10 million USDT, maintaining a health factor of 1.86. If the price of ETH drops to $1,399, it will trigger liquidation.