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Whale Engages in Leveraged Long Position on ETH, Acquiring 2304.3 stETH in Past 2 Hours
Summary: According to chain analysis by AI analyst @ai_9684xtpa, the whale address 0x1f7...7a9b8 has been engaging in leveraged long positions on ETH. In the past 2 hours, they acquired 2304.3 stETH through a process of 'buying stETH > depositing into Compound for collateral to borrow USDC > continuing to buy', with a value of $5.78 million ...
According to chain analysis by AI analyst @ai_9684xtpa, the whale address 0x1f7...7a9b8 has been engaging in leveraged long positions on ETH. In the past 2 hours, they acquired 2304.3 stETH through a process of 'buying stETH > depositing into Compound for collateral to borrow USDC > continuing to buy', with a value of $5.78 million and a cost of $2510. Currently, they have collateralized 3503.23 stETH and 10 WBTC to borrow 7.03 million USDC, with a health factor of 1.22.
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Link: Whale Engages in Leveraged Long Position on ETH, Acquiring 2304.3 stETH in Past 2 Hours [Copy]
