A dormant whale holding $94.04 million in ETH has purchased 17,826 ETH through leveraged lending after 3 years of inactivity
2026-06-05 08:52
According to Onchain Lens monitoring, a whale that had been dormant for 3 years has become active. The whale originally held 38,554 ETH (worth $64.28 million). They supplied 20,000 ETH (worth $33.28 million) to Aave V3, borrowed 30 million USDT, and used these funds to purchase 17,826 ETH at a price of $1,683 through leveraged lending. The whale now holds 56,380 ETH, worth $94.04 million. Onchain Lens reports that the whale may continue buying ETH.
