Whale in Leveraged Long Loop on ETH and BTC Suspected of Selling $24.16M ETH, Profiting $4.82M

August 21 news, according to on-chain analyst Ai Yi's monitoring, a whale engaged in a leveraged long loop on ETH and BTC has begun taking profits. The address withdrew 79,226.49 ETH (approximately $140 million) from Binance between July and August 2026, at an average price of $1,776.83; starting August 19, it has deposited a total of 10,887.15 ETH ($24.16 million) to exchanges, which would yield a profit of $4.817 million if sold, with the stablecoins used to repay Spark loans. Currently, it still has 47,889 wstETH and 1,200 WBTC collateralized, borrowing 83.67 million USDS, with a health factor of 2.26.