Whale Continues Significant $WBTC Accumulation and $USDT Borrowing Strategy

8/18/2024 1:15:53 PM

According to @lookonchain, a whale has bought an additional 124 WBTC worth $7.37 million six hours ago. This whale has been consistently buying and holding WBTC since July 4. In total, they have acquired 846.5 WBTC valued at $53.76 million from Binance at an average price of $63,513 and deposited it into Aava. Subsequently, the whale borrowed $17.46 million USDT from Aave, which was then deposited. (Source)

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