ETH Whale Buys 5,001 More Ether With Borrowed Funds; Position Now Worth About $290M
Huo Xing Finance cited crypto analyst Ember (@EmberCN) as saying an ETH whale increased its exposure again roughly three hours ago, adding 5,001 ETH. On-chain data shows the wallet borrowed about 10.6 million USDT through Spark and Aave, then bought 5,001 ETH at an average price near $2,120. The address now holds around 137,400 ETH, valued at about $290 million, with the position supported by loans from Aave and Spark. The blended liquidation level is estimated at roughly $1,324.