After staying completely inactive for nearly six months, wallet address **0x709...Cad6e** has suddenly become active again with a bold
$ETH accumulation strategy.
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โApproximately 14 hours ago, the whale deposited **10,570 ETH** as collateral and borrowed **16 million
$USDC **. The borrowed funds were then used to acquire **14,730.36 wstETH** at an average entry price of around **$2,028 per ETH**.
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โBut the accumulation didn't stop there.
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โShortly after the initial purchase, the wallet borrowed an additional **14 million USDS**, significantly increasing its exposure to
$ETH through leveraged positions.
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โThis isn't a typical spot market buy. Instead, it's a high-conviction leveraged play, using borrowed capital to build a large wstETH position. In total, the whale has accumulated more than **$30 million worth of leveraged ETH exposure USDC**, making it one of the most notable Ethereum bets seen recently.
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โThe timing is what makes this move particularly interesting. After months of inactivity, the wallet returned and immediately deployed substantial capital into , signaling strong confidence in the asset's future direction.
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โWhether this proves to be a perfectly timed accumulation or a risky high-leverage gamble remains uncertain. However, one thing is clear: this whale came back with a strategy far bigger than a simple market re-entry.
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โ๐ Wallet Address:
โ0x7099c7d7fca074062a0fc593a35f788605bcad6e
#Etherum #ETH๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ #CryptoWhaleWatch #BinanceSquare #defi โ