According to Odaily Planet Daily, based on monitoring by on-chain data analyst Yu Jin, a "whale that previously borrowed to short ETH" has recently been covering its positions and shifting to a long position. Today, it borrowed 190 million USDT from Aave and transferred it to Binance, subsequently withdrawing 75,418 ETH (approximately $269 million).

Over the past week, this address has transferred a total of 892 million USDT to Binance and withdrawn a total of 266,895 ETH, with an average purchase price of approximately $3,402.