A certain whale went long on 262.5 WBTC through lending, worth $28.95 million.
According to Jinse Finance, on-chain analyst Yu Jin has monitored that a certain whale has purchased WBTC using leveraged lending. Eleven hours ago, this whale withdrew 145 WBTC from an exchange to an on-chain address, then deposited it into Aave as collateral to borrow 13 million USDT, and continued to purchase an additional 117.5 WBTC. The whale currently holds 262.5 WBTC, valued at 28.95 million USD, with a cost price of 110,286 USD.
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