Whale Accumulates Massive 56,000 ETH Worth $211M Through Leveraged Purchases
Main Idea
A crypto whale has accumulated 56,000 ETH worth $211 million through leveraged purchases and strategic acquisitions over five days.
Key Points
1. On July 22, a whale acquired 7,487 ETH ($28.15 million) from Cumberland.
2. The whale borrowed 7.5 million USDT on Aave using ETH as collateral to purchase an additional 1,989 ETH.
3. Over five days, the whale accumulated 32,953 ETH ($117 million) via off-chain and on-chain purchases.
4. The whale's current portfolio holds approximately 56,000 ETH, valued at $211 million.
Description
Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! On July 22,
$ETH
$3703.04
-3.54%
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