Giant Whale Risks Anything for Ethereum: It Goes Long Again by Borrowing!

The whale, which recently increased its Ethereum (ETH) positions, continues its transactions without slowing down.

purchases on Ethereum and long Increasing its positions day by day, the whale added a new one to these transactions with the beginning of December.

Reported by on-chain analysis platform Lookonchain to data according to 1st of December whale on the move2 million DAI by borrowing $2,098 with average 953 ETH long took a portion.

the whale in question from September 19 cryptocurrency exchange since Binance and through decentralized exchanges (DEX) $74.8 million worth 40,858 ETH average entry price by purchasing to $1,831 He suffered.

In the last few days and weeks, Balina has increased its Ethereum positions both on the spot and through DEXs, thus reinforcing its belief in the upward momentum of the cryptocurrency market.

According to CoinGecko data, in the last 24 hours 2.3% increase Ethereum exhibiting, at the time of writing from $2,083 is being traded.

Whale recently via Spark 4 million DAI He strengthened his Ethereum positions by borrowing.


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