A major whale has recently accumulated 32,953 ETH at an average price of $3,552

According to Jinse Finance, on-chain analyst Yujin has monitored that a whale received 7,487 ETH (approximately $28.15 million) from Cumberland four hours ago, then used the ETH as collateral on Aave to borrow 7.5 million USDT, which was used to purchase an additional 1,989 ETH. Over the past five days, this whale has accumulated a total of 32,953 ETH (approximately $117 million) through leveraged purchases at an average price of $3,552: receiving 11,003 ETH (about $40.53 million) from Cumberland and purchasing 21,950 ETH on-chain for $76.54 million. Currently, the whale holds a total of 56,000 ETH (approximately $211 million).