TechFlow reports, according to on-chain analyst Lookonchain, a whale has initiated long positions on ETH via Compound and Aave. The whale deposited 16,100 ETH into Aave (worth approximately $30 million) and borrowed 20 million USDT.
Subsequently, the whale deposited another 16,500 ETH into Compound (worth approximately $31 million) and borrowed an additional 20 million USDT.
Finally, the whale transferred 40 million USDT to address "0x3356" and deposited 10 million USDT into a Binance account.




