According to on-chain monitoring, on 02.26, a swing address built a position of 13,306 ETH at an average price of $2,471, and then added another 2,467 ETH, further lowering the cost to $2,401, currently facing an unrealized loss of $5.88 million.
Additionally, this address staked ETH into Aave 16 hours ago and borrowed 8 million USDT, of which:
5 million USDT was deposited into Binance, then equivalent ETH was withdrawn,
3 million USDT was deposited into O***, possibly planning to continue adding to the position.
From the operations, this address is still continuously optimizing its holding cost and has not exited due to short-term pullbacks. Whether to further increase the position or adopt other strategies is worth continuous attention.
