These days, very few whales or institutions dare to borrow to leverage long ETH (there have been too many liquidations). The one below is already the largest recent example:

Over the past month, he borrowed 31 million U from Aave through recursive borrowing to buy 21,895 ETH ($54.63 million), at an average purchase price of around $2,495.
The position’s liquidation price is $1,660.

Address: 0xdea611a2f605fe63962e0151e724e9ce4c8a1d5c