Whale borrows 100 million USDT to add to ETH position, currently facing unrealized loss of approximately 6 million USD
2026-06-06 01:58
According to monitoring by crypto analyst Yu Jin @EmberCN, a whale has borrowed 100 million USDT through 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, valued at approximately $212 million. At the current market price, the newly purchased portion has incurred 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.
