According to Chainalysis by Yu Jin, 5 days ago, leveraged long ETH was done through an address starting with 0x8b9. 40 minutes ago, leveraged long ETH was continued through another address (starting with 0x362): 11,200 ETH ($18.36 million) was exchanged for 9,839 wstETH, which was then mortgaged to borrow 10 million USDT. The 10 million USDT was used to buy 6,081 stETH at an average price of $1,644.
All Comments