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Whale Accumulates 24M USDT Worth of ETH in 20 Minutes as Leverage Position Tops $261M

GateNews
On-Chain Data
ETH-5.78%

According to on-chain analyst Yu Jin, a whale accumulated 24 million USDT worth of ETH 20 minutes ago on June 6. The whale spent approximately $152 million across multiple transactions over the past day, purchasing 93,330 ETH at an average price of $1,633.

The whale has opened a leveraged position of 167,400 ETH worth $261 million, with a liquidation price of $1,356 per token, approximately $200 below the current level.

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