On February 4, data from OnchainLens revealed that a whale address, dormant for nine months, recently re-entered the market. Over the past two days, it borrowed $20 million in USDT to purchase 8,806 ETH at an average price of $2,271.
The whale’s total ETH holdings now stand at 21,094, worth approximately $47.5 million, showing strong confidence in Ethereum’s future potential.
Watch the address here: 0x5E90387025235d07576f80C76B3E57EC96547ec4