【Block Rhythm】An interesting on-chain movement: A whale account that is a staunch ETH bull has been making frequent moves recently. From early December last year to now, this player has accumulated purchases of over 50,000 ETH, with a total value reaching $156 million.
Yesterday he made another move. First, he withdrew 2,836 ETH from a leading exchange, worth $9.15 million, then turned around and deposited it into a lending platform as collateral. Subsequently, he borrowed 6.2 million USDT and recharged it to the exchange to continue leveraging. The entire operation sequence formed a complete borrowing-trading closed loop.
Based on his average cost of $3,117, the unrealized gains on his account have reached $6.207 million from position opening to now. From the logic of this operation, this whale clearly has strong confidence in ETH’s future direction. By using lending tools to amplify his position, it shows he’s not just bullish but betting on an even larger upside expectation. This aggressive position-adding pace is rarely seen in the market.
イーサリアムの巨大クジラが継続的に買い増し：1か月余りで5万ETHを累積建て、レンディングループによるロング戦略で浮き益は600万超え
【Block Rhythm】An interesting on-chain movement: A whale account that is a staunch ETH bull has been making frequent moves recently. From early December last year to now, this player has accumulated purchases of over 50,000 ETH, with a total value reaching $156 million.
Yesterday he made another move. First, he withdrew 2,836 ETH from a leading exchange, worth $9.15 million, then turned around and deposited it into a lending platform as collateral. Subsequently, he borrowed 6.2 million USDT and recharged it to the exchange to continue leveraging. The entire operation sequence formed a complete borrowing-trading closed loop.
Based on his average cost of $3,117, the unrealized gains on his account have reached $6.207 million from position opening to now. From the logic of this operation, this whale clearly has strong confidence in ETH’s future direction. By using lending tools to amplify his position, it shows he’s not just bullish but betting on an even larger upside expectation. This aggressive position-adding pace is rarely seen in the market.