A whale has been accumulating and going long on Ethereum (ETH) by withdrawing significant amounts from exchanges like Binance, Bybit, OKEx, and Bitfinex since February 1. The whale has withdrawn a total of 69.5K ETH ($179M) and borrowed 56.8 million DAI from Spark. The price of ETH has surged by approximately 24% since February 1, with the whale showing bullish sentiment towards ETH and bearish sentiment towards Bitcoin (BTC) by exchanging WBTC for ETH.
This whale continues to long the ETH/BTC rate. He borrowed 280 $WBTC($14.6M) from #Aave today and exchanged it for 5,150 $ETH. This whale is bullish on $ETH and bearish on $BTC. https://t.co/tFsKJc6KCq https://t.co/jGlniO1mpV
The price of $ETH has increased by ~24% since Feb 1. And a whale has accumulated a total of 69.5K $ETH($179M) from #Binance, #Bybit, #Bitfinex and #OKEx since Feb 1. https://t.co/S1d5NkuWhf https://t.co/fXm06DzLUR
🟥Before the $ETH pump, 2 hours ago, a Whale withdrew 11,999 $ETH ($31.84M) from #binance. Details: https://t.co/4AnmSjVw0Q https://t.co/c4ebrOoN54
🟥10 hours ago, Whale withdrew 323.176 $OP ($1.21M) from #Binance . The Whale has started withdrawing $OP for $1.3 and accumulated a total of 6.9M $OP ($16.8M) over 5 months. Details: https://t.co/SxWmEiXN1o https://t.co/OzqCmRyr7m
According to Lookonchain, a whale is going long ETH through circular lending on Spark Protocol. Since February 1, the whale has withdrawn 39,900 ETH from Binance, Bybit, OKX, and Bitfinex at an average price of $2,492, and borrowed 56.8 million DAI from Spark.…
A whale is accumulating $ETH and going long $ETH by revolving loans on #Spark! The whale has withdrawn 39.9K $ETH($99.5M) from #Binance, #Bybit, #OKEx and #Bitfinex since Feb 1 at an average price of $2,492, and borrowed 56.8M $DAI from #Spark. https://t.co/9EQSrwHnJD https://t.co/6CydURt2pc
#Ethereum's price increased to $2,624 on Feb. 12, why is the $ETH price up today? 🧵👇