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

Odaily Planet Daily News According to on-chain analyst Yujian's monitoring, a whale continued to increase their position by buying ETH worth 28 million USDT when ETH dropped to $1,505 at 1:00 PM. The whale borrowed $128 million to buy 78,000 ETH over one and a half days, at an average price of $1,645, with a leverage ratio reaching 3x. Currently, the liquidation prices of their two lending positions are $1,356 and $1,280 respectively.