PANews reported on March 29 that @ai_9684xtpa monitored that redbase.eth, a band giant whale that has suffered a cumulative loss of $1.069 million due to ETH band since March 9, has leveraged 4,159 ETH worth $7.8 million 7 hours ago. The whale bought 1,322 ETH at a cost of 2.5 million DAI, and then continued to pledge the purchased ETH to borrow stablecoins for a long cycle. Currently, a total of 4,150 WETH has been pledged to borrow 5.35 million DAI, with a health level of 1.14; if ETH falls to $1,676, its position will be forcibly liquidated.