Deep Tide TechFlow News, on May 16, according to on-chain analyst Ai Yi (@ai 9684xtpa), a whale address starting with 0x348 has used leveraged circular buying to purchase 8,613 ETH in the past hour, worth 22.43 million dollars, with a purchase cost of 2,612.33 dollars. Currently, this address has collateralized 8,613 ETH to borrow 10 million USDT, with a health factor of 1.86, and will trigger liquidation when the ETH price drops to 1,399 dollars.