September 4th, @EmberCN reported that a whale with an address starting with 0x362 exchanged 11,200 ETH (approximately $18.36 million) for 9839 wstETH, then mortgaged the wstETH to borrow 10 million USDT. They then used the 10 million USDT to purchase 6081 stETH at an average price of $1644.
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0x362 the Giant Whale Is Suspected of Doing More ETH Through Revolving Loans
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