Odaily reports that according to on-chain analyst Ember Monitoring, a whale has purchased 11,719 ETH ($37.73M) through revolving loans since 2/9. He raised 4,369 ETH from Binance as initial collateral on 2/9, and then borrowed a total of 24.6 million U from Compound through a revolving loan to buy ETH. His ETH cost is $2,600, and his current floating profit is $7.27M (+24%). One hour ago, he continued to withdraw 2,426 ETH from Binance and deposited it into Compound, then borrowed 5 million USDT and transferred it to Binance. His revolving loan to go long ETH continues.