A whale using a revolving loan to long Ethereum has increased their position again, accumulating 1,969.05 WETH at an average price of $2,539.

On July 8, according to crypto analyst AI 姨 ai_9684xtpa's monitoring, the whale who repeatedly went long on 2,304.3 stETH two days ago continued to increase its position: 3 hours ago, it withdrew 3,000,000 $USDC from Lighter to buy 1182 WETH, then deposited it into Compound to borrow 2,000,000 USDT to continue buying; ultimately, it accumulated a position of 1969.05 WETH at a cost of $2,539. [BlockBeats]