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A whale spent 70 million USDT to buy back 22,713 ETH after unloading leverage 1 hour ago

2024-07-05 00:50
Odaily News According to the on-chain analyst Yu Jin, a whale transferred the remaining 33,765 ETH (103 million USD) to a new address (0xa33...12c) after unloading leverage 1 hour ago, and deposited these ETH into Aave to borrow 80 million USDT. Then, he used the borrowed USDT to buy ETH again: he has spent 70 million USDT to buy back 22,713 ETH, with an average price of $3,082.