A whale address added another 1,401 ETH leveraged long positions after the market rebounded

BlockBeats news, on October 5, according to the monitoring of on-chain data analyst @ai_9684xtpa, "the giant whale who once leveraged long ETH and lost $8.22 million" has increased its position after the market rebounded. The address withdrew 1,401 ETH (about $3.39 million) from Binance 10 hours ago, deposited it into Compound, and then borrowed 2.3 million USDT to recharge Binance; currently a total of 2,794 ETH is pledged to borrow 4.53 million USDT, with a health level of 1.23. When ETH falls to $1,965, it will face liquidation.