According to BlockBeats, on-chain analyst Ember monitored a whale that went long on ETH through leverage on August 29. The whale first exchanged 11,000 ETH for 9,671 wstETH, and then mortgaged wstETH to borrow 5.5 million USDT and 170 WBTC. The borrowed USDT and WBTC were then exchanged for 5,256 wstETH. Currently, the whale holds 14,948 wstETH, and the collateral (ETH) liquidation price is $800. In addition, on July 20, it spent 3,145 stETH through 2 addresses to buy 788,877 LINK at an average price of $7.62. It has not been sold yet, with a floating loss of $1.3 million.