$ETH
$ETH mysterious whale goes against the market!
Add 1,401 $ETH !
Leverage long again!
As the cryptocurrency market rebounds, a whale that once lost $8.22 million due to leverage long ETH has made another move!
The whale address withdrew 1,401 ETH from Binance 10 hours ago, worth up to $3.39 million, and then quickly deposited it into Compound for mortgage operations.
What is remarkable is that the whale did not stop there, and then borrowed 2.3 million USDT from Compound and quickly recharged it back to Binance, seemingly ready to make a big move.
At present, the address has cumulatively mortgaged 2,794 ETH and successfully borrowed 4.53 million USDT, and its health level remains at a healthy level of 1.23.
However, high returns are often accompanied by high risks.
Market analysis shows that once the ETH price falls below the key support level of $1,965, this whale will face a severe test of liquidation.
Is it a comeback or a repeat of the past? Let us continue to pay attention!
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