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A whale has initiated a loop to long ETH, leveraging to buy 8613 ETH and borrowing 10 million USDT in the process.

8 hours ago

May 16: According to @ai_9684xtpa, a whale employed leverage to purchase 8613 ETH within the past hour. The total value amounts to $22.43 million, and the average purchase price is $2612.33. Currently, they have used 8613 ETH as collateral to borrow 10 million USDT. The health factor is 1.86. A liquidation will be initiated if the price of ETH drops to $1399.
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Musk once again changes Twitter name to "Kekius Maximus"

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