The bargain hunters are here, and this transaction is expected to double by the end of the month.

A whale spent 70 million USDT to buy back 22,713 ETH after unloading leverage 1 hour ago

According to the monitoring of on-chain analyst Yu Jin, a whale transferred the remaining 33,765 ETH (US$103 million) to a new address (0xa33...12c) after unloading leverage 1 hour ago, and deposited these ETH into Aave to borrow 80 million USDT.

Then use these borrowed USDT to buy back ETH again: currently 70 million USDT has been spent to buy back 22,713 ETH, with an average price of US$3,082.

$ETH