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Whale Resumes Leveraged ETH Trading Amid Market Rebound | Flash News Detail | Blockchain.News
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10/5/2024 2:48:43 AM

Whale Resumes Leveraged ETH Trading Amid Market Rebound

Whale Resumes Leveraged ETH Trading Amid Market Rebound

According to Ai 姨, a significant cryptocurrency trader, previously known for losing $8.22 million on leveraged long ETH positions, has resumed accumulating ETH as the market shows signs of recovery. Ten hours ago, the trader withdrew 1,401 ETH (worth $3.39 million) from Binance and deposited it into Compound, subsequently borrowing 2.3 million USDT to deposit back into Binance. Currently, the trader has collateralized 2,794 ETH and borrowed 4.53 million USDT, with a health factor of 1.23. If ETH's price falls to $1,965, the position risks liquidation.

Source

Ai 姨

@ai_9684xtpa

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