A whale is using leveraged borrowing to go long on BNB, withdrawing 8,474 BNB worth $5.9 million and borrowing $2.6 million USDT

Odaily News: According to Lookonchain monitoring, a whale withdrew 8,474 BNB worth $5.9 million from Binance and deposited it into Venus; subsequently, the whale borrowed $2.6 million USDT from Venus and deposited it back into Binance to purchase more BNB.