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A whale borrowed 100 million USDT to increase its ETH position, currently facing an unrealized loss of approximately $6 million

2026-06-06 01:58

According to monitoring by crypto analyst Ember (@EmberCN), a whale has borrowed 100 million USDT via Aave since yesterday and purchased 59,742 ETH at an average price of $1,681.

Currently, the address holds a total of 133,800 ETH, worth approximately $212 million. At the current price, the newly purchased portion is showing an unrealized loss of around $6 million.

On-chain data shows that the liquidation prices for the whale's two current lending positions are approximately $1,356 and $1,170, respectively.