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A whale that once spent $500 million to buy BTC and ETH has borrowed to purchase 20,000 ETH

2026-05-29 01:35

According to Odaily, monitored by Yu Jin, a whale borrowed 50 million USDT from Spark to purchase 20,000 ETH, valued at approximately $40.2 million. This whale had previously spent $500 million to buy BTC and ETH in early February and liquidated 4,000 cbBTC last month; after a month, it has purchased ETH again.