Just in the last hour, a major crypto whale leveraged their position to scoop up 8,613 $ETH ETH, worth a hefty $22.43 million, as spotted by BlockBeats On-chain Detection. Their average buy-in price was $2,612.33 per Ether.
This whale then used their newly acquired $ETH ETH as collateral to borrow 10 million USDT. Currently, their loan health factor stands at 1.86. Watch out below $1,399 per $ETH ETH – that's the liquidation danger zone for this large position.
