A whale spent 70 million USDT to buy 22,713 ETH

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Cointime2024/07/05 01:31

By:Cointime

After unloading leverage one hour ago, Yu Jin monitored and transferred the remaining 33,765 ETH (worth $103 million) to a new address (0xa33...12c), and deposited these ETH into Aave to borrow 80 million USDT. Then, the borrowed USDT was used to buy back ETH, and currently 22,713 ETH has been bought back at an average price of $3,082, spending 70 million USDT.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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