【Blockchain Rhythm】Another big player is making moves. In the past 4 hours, a leading whale address borrowed only $155 million USDT and immediately bought 65,700 stETH.
This giant whale seems well-prepared. Currently, it holds a total of 142,777 ETH across two wallets, worth up to $460.11 million. This operation of borrowing large amounts of funds and then purchasing yield-bearing assets immediately reflects a certain judgment by the holder about the market—whether optimistic about ETH’s future performance or aiming to offset borrowing costs through stETH’s yields.
Large on-chain transactions like these are often worth paying attention to, as they can sometimes reflect shifts in market sentiment among institutions or major holders.
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ApeDegen
· 11h ago
Bro, with this move, throwing 155 million USDT in 4 hours, you must be very optimistic about the future market.
I understand the logic of stETH yield offsetting borrowing costs, but this requires betting that ETH won't fall.
A $4.6 billion position—are they betting or truly believing? It feels a bit unsustainable.
This whale's move feels like they're trying to tell us something...
155 million USDT in one go—either very smart or very brave.
All borrowed money, what if the price drops? What should we do then?
65,700 stETH, really going all in.
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GasFeeBarbecue
· 11h ago
The whales are lurking again, this rhythm... are they trying to抢筹码 with us?
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mev_me_maybe
· 11h ago
Whale drops 155 million USDT in one go on stETH, what a move... Looks like there's more excitement ahead.
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FundingMartyr
· 11h ago
Whoa, 155 million USDT directly投入? This guy is really confident about ETH.
This pace... either he's bottom-fishing or betting that the subsequent gains will cover the interest, it's a bit exciting.
A position of 4.6 billion, still leveraging to buy stETH, is he really optimistic or just taking a gamble?
Whale movements are signals, although they don't necessarily guarantee profit...
Spending so much within four hours is indeed unusual, gotta keep an eye on it.
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StableNomad
· 11h ago
1.55B borrowed then immediately into stETH? statistically speaking that's either conviction or yield farming desperation... reminds me of UST in May, tbh.
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TommyTeacher1
· 11h ago
155 million USDT on board, this guy is really bold. Is ETH about to take off?
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Staking income can offset borrowing costs; the logic makes sense. But now, borrowing money to do this requires a lot of confidence.
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A position worth 4.6 billion dollars, honestly, it's hard to hold up. A wave of correction would cause significant losses.
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Borrow - buy - earn interest, this combo is indeed professional, but it still feels like betting that the market won't collapse.
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Whale movements are definitely worth following, but don't rush blindly; big players can also be mistaken.
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This move is a bit aggressive, sweeping 65,700 stETH in 4 hours, clearly planned.
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4.6 billion, is this a go-all-in move with eyes closed?
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Borrowing money to buy stETH for interest arbitrage, this idea is top-notch. Let's see if it works.
Whale's 4-hour large-scale layout: Borrowed 155 million USDT and aggressively bought stETH, with ETH holdings worth over 4.6 billion
【Blockchain Rhythm】Another big player is making moves. In the past 4 hours, a leading whale address borrowed only $155 million USDT and immediately bought 65,700 stETH.
This giant whale seems well-prepared. Currently, it holds a total of 142,777 ETH across two wallets, worth up to $460.11 million. This operation of borrowing large amounts of funds and then purchasing yield-bearing assets immediately reflects a certain judgment by the holder about the market—whether optimistic about ETH’s future performance or aiming to offset borrowing costs through stETH’s yields.
Large on-chain transactions like these are often worth paying attention to, as they can sometimes reflect shifts in market sentiment among institutions or major holders.