A whale is long ETH in a cycle, and has built a position of 2304.3 stETH in the past 2 hours

Odaily News According to the monitoring of the on-chain analyst AI Aunt, the giant whale 0x1f7...7a9b8 is cyclically long $ETH. In the past 2 hours, it has established a position of 2304.3 stETH worth 5.78 million US dollars and a cost of $2510 through the method of "buy stETH > deposit into Compound to borrow USDC > continue to buy". It is currently pledged 3503.23 stETH and 10 WBTC to borrow 7.03 million USDC, with a health level of 1.22.