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

Odaily reported that according to monitoring by EmberCN, a whale borrowed 50 million USDT from Spark to purchase 20,000 ETH, worth 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 once again bought ETH.