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A whale borrowed $128 million with 3x leverage to buy 78,000 ETH, with liquidation prices at $1,356 and $1,280 respectively

2026-06-06 08:34

According to monitoring by on-chain analyst Ember, a whale continued to increase their position by buying 28 million USDT worth of ETH at 1 PM when ETH dropped to $1,505. Over the past day and a half, this whale borrowed a total of $128 million to purchase 78,000 ETH, with an average price of $1,645, and a leverage ratio already reaching 3x. Currently, the liquidation prices for their two lending positions are $1,356 and $1,280, respectively.