The band address that opened a position of 13,306 ETH at $2,471 added another 2,467 ETH, with a current floating loss of $5.88 million

PANews reported on March 20 that according to monitoring by on-chain analyst @ai_9684xtpa, the band address that established a position of 13,306 ETH at an average price of $2,471 on February 26 added another 2,467 ETH, lowering the cost to $2,401. The current floating loss is $5.88 million.

The position opening address pledged ETH into Aave 16 hours ago and borrowed 8 million USDT, of which 5 million were deposited into Binance and then ETH of corresponding value was withdrawn. Another 3 million were deposited into OKX, and there may be plans to further increase the position.