Ethereum Whale Borrows $9.41M to Buy the Dip, Acquires 1,760 ETH at $3,141 Each

COINOTAG News, citing on-chain researcher Ai Auntie (@ai_9684xtpa), notes a prominent whale executed a dip-buy using borrowed funds. Five hours earlier, the entity borrowed $9.41 million and allocated $5.528 million to acquire 1,760 ETH at an average price of $3,141 per ETH, leaving the remainder of the order unfilled. Current balances show the trader holding more than $60 million in USDT and approximately $68.68 million worth of ETH, underscoring a sizable liquidity position amid market swings.

Such on-chain activity signals ETH accumulation by a major wallet and emphasizes the strategic leverage of USDT reserves. The data helps readers gauge liquidity readiness and market depth, informing risk assessment and timing considerations for participants tracking crypto market liquidity and Ethereum price dynamics.

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