HomeCrypto NewsAn address is using Compound to increase leverage to go long ETH,...

An address is using Compound to increase leverage to go long ETH, and has now made a floating profit of US$7.23 million.

Published:

An address is using Compound to increase leverage to go long ETH, and has now made a floating profit of US$7.23 million.

According to the monitoring of on-chain analyst AI Auntie, the address starting with 0xb82 is using Compound to increase leverage to do long ETH, and now has a floating profit of 7.23 million US dollars.

From February 9 to February 27, this address deposited ETH into Compound as a margin and lent out 19.65 million USDT and 5.03 million USDC, and then repeatedly “recharge stable currency to the exchange > transfer ETH and add margin > continue The operation of “Lending Stablecoins” has a health score of 1.27.

A total of 11,720 ETH (worth US$38.08 million) has been transferred out from Binance so far, with an average transfer cost of $2638; when ETH drops to $2553, the address will be liquidated.

Source

Be sure to always come back and check out the latest updates on Crypto, follow us on Facebook @CryptoTikTalk, Twitter @CryptoTikTalk, and our Forum to discuss more exciting topics.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img

Follow us on:

Latest

You may also like:

deneme bonusu veren siteler - canlı bahis siteleri - casino siteleri casino siteleri deneme bonusu veren siteler canlı casino siteleri news news news news news news news news news news news news news news news news news news news news news news news news news news news news news news news news news news news news news news news news news news news news news news news news news news news news news news