A certain whale (a large investor) bought over 42,000 ETH in a single day, suspected of continuously adding to its position with high leverage.

PANews reported on January 19th that, according to @ai_9684xtpa, address 0x81D…74246 withdrew a total of 42,452.79 ETH from Binance in two separate transactions today. The current cost basis is approximately $3,237.26, resulting in a floating loss of approximately $1.477 million. This account had previously borrowed $45 million USDT, suggesting it may have been using leverage to continuously increase its ETH holdings. The current position health rating is 1.35.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together
PANews APP
US stocks closed lower across the board, while crypto stocks generally rose.
PANews Newsflash