Giant Whale borrows 50 million USDT to increase holdings of 20000 ETH

AiCoin
AiCoin|5月 29, 2026 01:56
According to EmberCN monitoring, after the ETH price fell below $2000, Giant Whale borrowed 50 million USDT from Spark to increase its holdings by 20000 ETH (worth $402 million). The giant whale invested $500 million in early February to buy BTC and ETH at the bottom, and cleared 4000 cbBTC last month before replenishing ETH. At present, it holds 144000 ETH (worth 290 million US dollars) at a cost price of approximately 2367 US dollars, with a floating loss of 505 million US dollars.
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