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Chain Whale Near Liquidation After 5-Year Downtime, Leverages ETH with 104,772.57 WETH

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Whale activity trading has attracted attention as a chain whale, dormant for five years, was reactivated four months ago and began leveraged ETH long positions. Two addresses hold 104,772.57 WETH as collateral, borrowing 130,245,000 USDT. On-chain trading signals indicate liquidation prices at $1,555.04 and $1,565.72. A $35 drop in ETH would trigger liquidation.

BlockBeats news, on June 5, on-chain analyst Aunt Ai (@ai_9684xtpa) added the following details to the previously reported information on on-chain whales nearing liquidation:


This whale remained dormant for five full years, awoken four months ago to begin a leveraged long cycle on ETH. Currently, the two addresses have collectively collateralized 104,772.57 WETH to borrow 135 million USDT (of which 24,500 are used), with liquidation prices of $1,555.04 and $1,565.72, respectively—meaning a drop of just $35 more will trigger liquidation.

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