A certain whale is repeatedly going long on ETH, having established a position of 2,304.3 stETH in the past 2 hours.

According to on-chain analyst AI 姨 (@ai_9684xtpa)'s monitoring, whale 0x1f7...7a9b8 is cyclically going long on ETH. In the past 2 hours, it has built a position of 2,304.3 $stETH, worth $5.78 million, at a cost of $2,510.00, by "buying $stETH > depositing into Compound for staking to borrow USDC > continuing to buy." Currently, it has borrowed 7.03 million USDC by mortgaging 3,503.23 $stETH and 10 WBTC, with a health ratio of 1.22. [Odaily星球日报]