Borrowing coins to short 66,000 ETH, a giant whale has increased its holdings by 23,501 ETH, which may lead to more ETH being purchased through circular loans
Nov 11, 2025 04:26:00
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According to lookonchain monitoring, a giant whale that previously lent out 66,000 ETH and sold it, and repurchased 257,543 ETH during the market downturn, has just bought 23,501 ETH (approximately 82.63 million USD). He has also lent out another 400 million USDT and transferred it to Binance, likely preparing to buy more ETH.
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