DeFi Whale Adds 1958.3 ETH Worth $6.3 Million Amid $25.49 Million USDT Investment

On January 13th, COINOTAG reported a significant transaction involving a prominent DeFi whale. According to data from Ember, this investor executed an arbitrage strategy by adding 1,958.3 ETH to their crypto holdings, which equates to an investment of roughly $6.3 million. This strategic move follows a notable repositioning where the whale closed a short position and opened a long position earlier on January 10th. Cumulatively, their investments have reached approximately $25.49 million USDT for a total acquisition of 7,792.3 ETH at an average price of $3,271 per ETH. This activity underscores the ongoing volatility and opportunity within the decentralized finance sector, as whales continue to leverage market fluctuations for profit.