A certain whale/institutional investor dormant for 5 years went long on 30,222 ETH, with an average price of $2,316

BlockBeats News, February 2nd. According to ChainInfo, a whale/institution that has been dormant for 5 years went long on ETH this morning. They collateralized 44,500 ETH (approximately $102 million) to borrow 70 million USDT, and continued to buy 30,222 ETH at an average price of $2316.

Their collateralized ETH was withdrawn from Bitfinex 5 years ago when the price of ETH was $1354, resulting in a current profit of $42.57 million.