Monitoring shows that the address 0x709…Cad6e has re-entered its position after six months. Fourteen hours ago, the address collateralized 10,600 ETH to borrow 16 million USDS, purchasing 14,700 wstETH at an average price of $2,028, and subsequently borrowed an additional 14 million USDS to increase its position. (Ai Yi)
Address 0x709…Cad6e uses leverage to purchase 14,700 wstETH
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Summary
Address 0x709…Cad6e re-entered the market after six months, targeting a favorable risk-to-reward ratio. 14 hours ago, it collateralized 10,600 ETH to borrow 16 million USDS, purchasing 14,700 wstETH at $2,028. The address then borrowed an additional 14 million USDS to expand its position, monitoring key price movements for potential upside.
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