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

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)