Whale loops $18.74 million in ETH long positions over 24 hours
On-chain analyst Ai姨 reported that address 58bro.eth (0xc24…FE8d2) has been looping long positions on ETH over the last 24 hours. The user withdrew 3,000 ETH from Binance, deposited it into Aave to borrow 9 million USDT, and continued to increase their position, accumulating 7,000 ETH at an average price of approximately $2,677.59.
Summaries are written by AI from the original article. Not investment advice.