A giant whale that went long for ETH through revolving loans increased its position in ETH again, with a liquidation price of about US$1,586

Reprinted from panewslab
04/23/2025·26DAccording to PANews on April 23, according to the on-link analyst Yuchen Monitor, a giant whale that went long through revolving loans borrowed 34.75 million USDT from Aave 2 hours ago and purchased 19,972.8 ETH at an average price of US$1,740. The address last month sold 30,894 ETH stop loss at $1,790 due to ETH decline, losing about $40 million. The current liquidation price of 50,000 ETH after newly leveraged is US$1,586.8.