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A certain whale used a flash loan to leverage long $7.8 million in ETH, with a liquidation price of $1676.

2025-03-29 11:40

BlockBeats News, March 29th, according to ai_9684xtpa monitoring, the whale "redbase.eth", who suffered a cumulative loss of $1.069 million due to the ETH fluctuations since March 9th, went long on 4159 ETH with leverage, worth $7.8 million, 7 hours ago.


The whale used 2.5 million DAI to buy 1322 ETH and then continuously collateralized the purchased ETH to borrow stablecoins for a leveraged long position. Currently, they have collateralized a total of 4150 WETH and borrowed 5.35 million DAI, with a health factor of 1.14. If ETH falls to $1676, their position will be liquidated.

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