According to a report, blockchain analyst Yu Jin monitored an address on the chain that used leverage to long ARB: 2 hours ago, the address deposited 2,936,000 ARB (worth $3.41 million) into Aave as initial collateral, then borrowed 2,950,000 USDT from Aave to buy 2,478,000 ARB on Binance at a price of $1.19. The address currently holds 5,415,000 ARB (worth $6.4 million).
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A certain address uses leverage to buy ARB on the chain and currently holds 5.415 million ARB
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