| Cryptocurrency | Price (USDT) |
|---|---|
| BTC | $107326.3600000000 |
| ETH | $2435.1340000000 |
| BNB | $649.3498500000 |
| XRP | $2.1867720000 |
| ADA | $0.5616563000 |
| SOL | $150.0701000000 |
| DOGE | $N/A |
| DOT | $3.4017000000 |
| LTC | $86.4942000000 |
| LINK | $13.3416700000 |
Category: CRYPTO NEWS
The post Whale Address Adds 1930 ETH Amid Market Downturn: Analyzing the 8613 ETH Long Position appeared on BitcoinEthereumNews.com. On May 17th, **COINOTAG News** reported significant movements from a prominent **whale address**, closely monitored by on-chain analyst @ai_9684xtpa. This address recently took a calculated step by borrowing an additional **$5 million USDT** to acquire **1,930 ETH** despite the prevailing market downturn. Currently, this address holds a total of **10,543 ETH** as collateral and has accrued a total borrowing of **$15 million USDT**. The average long position stands at approximately **$2,608.36**, placing the entity in a precarious situation with an unrealized loss nearing **$1.383 million**. Such strategic investments during market volatility exemplify the intricate tactics employed by large stakeholders in the **cryptocurrency** landscape, as they seek to leverage opportunities amidst fluctuating prices. Source: https://en.coinotag.com/breakingnews/whale-address-adds-1930-eth-amid-market-downturn-analyzing-the-8613-eth-long-position/
2025-05-17T02:38:42+00:00