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Whale builds a position of 2304 stETH in 2 hours, collateralizing to borrow USDC for a buy-in strategy revealed.
[Block Rhythm] On July 6, according to monitoring, a certain whale has built a position of 2304.3 stETH in the past 2 hours by "buying stETH, depositing into Compound to stake and borrow USDC, and continuing to buy," worth 5.78 million USD, with an average cost of 2510 USD.
Currently, it has staked 3503.23 stETH and 10 WBTC, borrowing 7.03 million USDC, with a health factor of 1.22.