According to ChainCatcher news and analyst Yu Jin's monitoring, a Whale has significantly increased its holdings of Bitcoin in the past 24 hours. This investor initially withdrew 145 WBTC from the Binance exchange to their personal Wallet, then deposited these assets into the Aave lending platform as collateral, borrowing approximately 13 million USDT, and used these funds to purchase another 117.5 WBTC.
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A Whale borrowed and bought 117.5 BTC in a circular loan.
According to ChainCatcher news and analyst Yu Jin's monitoring, a Whale has significantly increased its holdings of Bitcoin in the past 24 hours. This investor initially withdrew 145 WBTC from the Binance exchange to their personal Wallet, then deposited these assets into the Aave lending platform as collateral, borrowing approximately 13 million USDT, and used these funds to purchase another 117.5 WBTC.