Data: A certain whale) established a position of over 42,000 ETH in a single day, suspected of continuously adding to its position with high leverage.

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According to ChainCatcher, market sources indicate that address 0x81D…74246 withdrew a total of 42,452.79 ETH from Binance in two separate transactions today. The current holding cost is approximately $3,237.26, resulting in a floating loss of approximately $1.477 million.

It had previously lent out $45 million USDT, and it appears to be continuously increasing its ETH holdings through leverage. Its current position health index is 1.35.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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