Lookonchain: Three whale addresses are borrowing stablecoins to long ETH and WBTC

2023-04-23 12:21:58
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ChainCatcher news, according to Lookonchain monitoring, three whale addresses are going long on ETH and WBTC through DeFi protocols.

Their specific operation is to deposit ETH / WBTC into DeFi and borrow stablecoins, then transfer the stablecoins to Binance to purchase ETH / BTC. In the past 24 hours, they have deposited a total of 10,100 ETH (worth 18.81 million USD) into Morpho AAVE, then borrowed 11.5 million USD in stablecoins and transferred them to Binance. (source link)

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