On-chain Near-Liquidation Whale Added to Position Four Months Ago, Previously Dormant for 5 Years

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BlockBeats News, June 5th, on-chain analyst Ai Whale (@ai_9684xtpa) provided additional information on the previously reported on-chain liquidation whale:

The whale had been dormant for a full five years and woke up four months ago to start a leverage loop to long ETH. Currently, the two addresses have collectively collateralized 104,772.57 WETH to borrow 135 million USDT (of which 24,500). The liquidation prices are $1,555.04 and $1,565.72, meaning liquidation will be triggered if the price drops by another $35.

Source: BlockBeats

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