Whale spends 24M USDT to buy 93,330 ETH at an average price of $1,633

iconChaincatcher
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
Whale trading activity has drawn attention as a major holder spent 24 million USDT ($152 million) to purchase 93,330 ETH over several days, averaging $1,633 per ETH. The whale also borrowed 167,400 ETH ($261 million), with a liquidation price of $1,356. Price action indicates the move occurred amid stable ETH levels, with no immediate market reaction reported.

ChainCatcher report: According to on-chain analyst Yujin, a large whale has entered the market at lower prices, spending 24 million USDT to purchase ETH. Over the past day and a half, the whale spent $152 million in USDT to acquire 93,330 ETH at an average price of $1,633. Leverage has been maximized, with a position of 167,400 ETH ($261 million) and a liquidation price of $1,356—just $200 below the current price.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.