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A Major Whale Repeatedly Goes Long on ETH, Accumulating 2,304.3 stETH in the Past 2 Hours

A Major Whale Repeatedly Goes Long on ETH, Accumulating 2,304.3 stETH in the Past 2 Hours

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2025/07/06 13:14

According to Jinse Finance, on-chain analyst AI Yi (@ai_9684xtpa) has monitored that whale 0x1f7...7a9b8 is repeatedly going long on ETH. In the past two hours, this whale has accumulated 2,304.3 stETH, worth $5.78 million, at a cost of $2,510 each, by following the cycle of "buying stETH > depositing into Compound as collateral to borrow USDC > continuing to buy." Currently, the whale has collateralized 3,503.23 stETH and 10 WBTC to borrow 7.03 million USDC, with a health factor of 1.22.

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