According to on-chain analyst Ember monitoring, a giant whale/institution has purchased 18,557 ETH with 64.04 million USDT on the chain in the last two days, with an average price of $3,451.
The address raised 47.28 million USDT from Cryptocom, Cumberland, etc. to buy ETH on the chain, and then mortgaged ETH to borrow 16.75 million USDT from Aave to continue buying ETH. That is to say, a little leverage. At present, this giant whale/institution should hold 38,000 ETH (135 million dollars).
A giant whale/institution bought 18,557 ETH on the chain in two days, with an average price of $3,451
2025-07-19 08:32:16
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