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A whale went long on 262.5 WBTC through lending, worth $28.95 million
3hours ago

According to on-chain analyst Yu Jin, a whale has been buying WBTC through leveraged lending. Eleven hours ago, the whale withdrew 145 WBTC from Binance to an on-chain address, then deposited 13 million USDT into Aave for collateralized lending, and purchased another 117.5 WBTC. The whale currently holds 262.5 WBTC, valued at $28.95 million, at a cost of $110,286.

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