According to Mars Finance, on June 5th, Onchain Lens monitoring revealed that a whale holding 38,554 ETH (approximately $64.28 million) has become active again after three years of inactivity. It deposited 20,000 ETH (approximately $33.28 million) into Aave V3 as collateral to borrow 30 million USDT. Subsequently, it bought 17,826 ETH at an average price of $1683 (using leverage through revolving lending), bringing its total holdings to 56,380 ETH (approximately $94.04 million).
A dormant whale revolving loan firm, which had been holding ETH for three years, added 17,826 ETH to its portfolio at an average price of $1,683.
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