According to on-chain analyst Yujin, a large whale continued buying ETH at 1:00 PM, when the price dropped to $1,505, acquiring ETH worth $28 million (28 million USDT). Over the past day and a half, the whale borrowed $128 million at 3x leverage and accumulated 78,000 ETH at an average price of $1,645. Currently, the liquidation prices for its two leveraged positions are $1,356 and $1,280, respectively.
Whale Adds 78,000 ETH Worth $128M Amid ETH Dip to $1,505
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Summary
Whale activity increased as a major ETH buyer added 78,000 ETH, worth $128 million, between June 6 and 7, 2026. The whale used $28 million in USDT at $1,505 and leveraged 3x to amplify the position. The average entry price was $1,645, with liquidation levels at $1,356 and $1,280. This move reflects a calculated risk-to-reward strategy, with the whale positioning for a rebound following the ETH price decline.
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