TechFlow reports, according to on-chain analyst AI Aunt's monitoring, an address starting with 0xb82 is leveraging a long position on ETH via Compound and has already realized an unrealized profit of $7.23 million.
Between February 9 and February 27, this address deposited ETH into Compound as collateral and borrowed 19.65 million USDT and 5.03 million USDC. It then repeatedly performed the operation of "depositing stablecoins to exchanges > withdrawing ETH to increase margin > continuing to borrow stablecoins," currently maintaining a health factor of 1.27.
To date, it has cumulatively transferred out 11,720 ETH from Binance (worth $38.08 million), with an average withdrawal cost of $2,638; if ETH falls to $2,553, this address will be liquidated.
