Whale's Cyclical Borrowing Increases Position to 25,434.5 ETH, Total Holdings Valued at Approximately $52.45 Million

Odaily News According to Onchain Lens monitoring, yesterday, address 0x2bd exchanged 240.44 BTC (approximately $15.7 million) for 8,152 ETH via ThorChain at an exchange rate of 0.02945.

Today, the address deposited the ETH into Aave as collateral, cyclically borrowed approximately $36 million USDT, and purchased an additional 17,283 ETH at a price of $2,083. Currently, the address holds a total of 25,434.5 ETH, valued at approximately $52.45 million.