Whale buys another $10.6M in ETH, holds $290M position via loans

An anonymous whale address starting with 0x54d purchased 5,001 ETH ($10.6 million) on CowSwap over the past three hours at an average price of $2,110, on-chain analyst EmberCN reported. The address now holds a total of 132,000 ETH, valued at $290 million, which has been acquired through lending protocols such as Aave and Spark. The position's liquidation price is $1,324.