Giant Whale Borrows 100 Million USDT to Add ETH, Floating Loss of 6 Million Facing Liquidation Risk

According to on chain analyst Yu Jin's monitoring, a certain whale borrowed 100 million USDT through Aave during the ETH decline and bought 59700 ETH, with an average purchase price of about $1681. Based on current prices, this portion of the position has incurred a floating loss of approximately $6 million. At present, the giant whale holds a total of 133800 ETH worth approximately 212 million US dollars. The liquidation prices of its two lending positions are 1356 US dollars and 1170 US dollars respectively. If ETH continues to decline, the related leveraged positions still face liquidation risks.