A cryptocurrency whale has expanded their Ethereum holdings by acquiring an additional 5,001 ETH, bringing their total to 137,400 ETH, valued at approximately $290 million. The purchase was facilitated by borrowing 10.6 million USDT from lending platforms Spark and Aave, with an average acquisition price of $2,120 per ETH. The leveraged position has a liquidation threshold set at $1,324 per ETH, according to on-chain analyst Ember.
Whale Increases Ethereum Holdings to 137,400 ETH with $10.6M USDT Loan
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