Whale dormant for 4 months buys 5,589 ETH after borrowing $10M USDT
June 04, 2026, 1:58 AM
According to on-chain data, a whale address that had been inactive for about four months purchased 5,589 ETH at an average price of $1,789 after borrowing 10 million USDT. The address now holds a total of 82,754 ETH, valued at approximately $147.3 million. Onchain Lens noted that the whale appears to have made the large-scale purchase during the recent decline in ETH's price.
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