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Whale Receives 7487 ETH from Cumberland and Leverages to Buy 1989 ETH

Summary: According to crypto analyst EmberCN, a whale address received 7487 ETH (worth $28.15 million) from Cumberland 4 hours ago, then used the ETH as collateral to borrow 7.5 million USDT on Aave and leveraged to buy 1989 ETH. In the past 5 days, the whale has accumulated 32953 ETH (worth approximately $117 million) with an ...

According to crypto analyst EmberCN, a whale address received 7487 ETH (worth $28.15 million) from Cumberland 4 hours ago, then used the ETH as collateral to borrow 7.5 million USDT on Aave and leveraged to buy 1989 ETH. In the past 5 days, the whale has accumulated 32953 ETH (worth approximately $117 million) with an average purchase price of $3552. This includes 11003 ETH (worth $40.53 million) from Cumberland and 21950 ETH purchased for $76.54 million on-chain. The address currently holds around 56,000 ETH, with a total value of approximately $211 million.

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