The "Leveraged Long ETH Entity" has intensified its bullish strategy by borrowing an additional 90 million USDT and withdrawing 21,398 ETH, valued at approximately $77.67 million, from Binance. This move, reported by on-chain analyst @ai_9684xtpa, highlights the entity's continued aggressive positioning in the Ethereum market.
To date, the entity has staked a total of 109,575.56 ETH and borrowed 190 million USDT. The average long position price is calculated at $3,573, with a cumulative withdrawal of 75,417.43 ETH from Binance, indicating a significant commitment to its leveraged long strategy.
Leveraged Long ETH Entity Borrows $90M USDT, Withdraws 21,398 ETH from Binance
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