$ETH
Astonishing!
A giant whale is crazily 'going long' on ETH!
In just 2 hours, it has accumulated 2304.3 stETH!
The on-chain 'detective' has made a new discovery! The mysterious giant whale 0x1f7...7a9b8 is putting on a grand show of 'going long on ETH'. In just the past 2 hours, it has been like a cheat code, through a seamless series of operations: 'buying stETH → depositing into Compound to borrow USDC → continuing to buy', it has crazily accumulated 2304.3 stETH, worth up to 5.78 million USD, with an average cost of 2510 USD!
What's even more remarkable is that it has currently collateralized 3503.23 stETH and 10 WBTC, and astonishingly borrowed 7.03 million USDC, with a health factor of 1.22! Is this operation a 'divine strategy' or a 'bold gamble'? What exactly does the giant whale intend to do? Let's keep a close watch on it