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A whale received 7487 ETH from Cumberland and then leveraged to buy 1989 ETH
Odaily News According to monitoring by crypto analyst Ember @EmberCN, a whale address received 7,487 ETH (worth $28.15 million) from Cumberland 4 hours ago, and then used the ETH as collateral to borrow 7.5 million USDT on Aave and leveraged to buy 1,989 ETH.
In the past five days, the whale has bought a total of 32,953 ETH (worth about $117 million) at an average price of $3,552. This includes 11,003 ETH from Cumberland (worth $40.53 million) and 21,950 ETH purchased through on-chain spending of $76.54 million. The address currently holds about 56,000 ETH, with a total value of about $211 million.
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