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A giant whale went long ETH again 2 hours ago on leverage, after making $13.81 million in profit on four previous ETH longs

A giant whale went long ETH again 2 hours ago on leverage, after making $13.81 million in profit on four previous ETH longs

Bitget2024/08/23 12:30

According to chain analyst Ashes, the giant whale, who has made a profit on all four occasions he has been long ETH through revolving loan leverage since October last year, opened his fifth leveraged long position in ETH two hours ago: he borrowed 10 million U to buy 3727.7 ETH from Venus using 250 BTCB ($15.21 million) from CEX as collateral, and then borrowed 7 million U to deposit into CoinSafe, which should continue to buy into ETH. He then continued to borrow 7 million U in CEX and should continue to buy into ETH. He has leveraged long ETH through revolving credit four times before and made $13.81 million in profits with a 100% win rate.

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