June 15, 2026·Bullish·onchain activity

Whale Borrows $50M to Buy 17,200 ETH, Bridges $12M to Exchanges

Whale 0x9b4f borrowed $30 million USDC from Compound to buy 17,200 ETH at $1,744 each, then used the ETH as collateral to borrow $20 million more and bridged $12 million to exchanges. The position has a health factor of 1.07.

Detected & updated continuously · Source: Ruma

Mentioned

Compound (comp)

Sources

@icefrog_sol

Whale 0x9b4f borrowed $30M USDC from Compound and bought 17,200 $ETH at $1,744 He then used the $ETH as collateral to borrow another $20M and bridged $12M to exchanges Current health 1.07, estimated liquidation price ~$1,360