Mysterious Whale Withdraws 30,000 ETH Again, Accumulates 148,000 ETH Since Yesterday

Whale Makes Another Massive Withdrawal

According to on-chain analyst Ai Auntie, a mysterious entity known as the 'BTC OG insider whale' recently withdrew 30,000 ETH from Binance, valued at $87.8 million, within the last three hours.

Accumulation at Scale

Since yesterday, this whale has accumulated a staggering 148,000 ETH, worth approximately $427 million, signaling a strong bullish stance on ETH's future trajectory.

Borrowing and Leveraging Position

So far, the whale has borrowed $240 million in stablecoins on Aave to enhance its leveraged position. Its current loan health factor stands at 1.49, with a liquidation price of $1,953.09, indicating a relatively conservative risk profile.