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TechFlow reports, according to on-chain analyst Lookonchain, a whale has gone long on ETH and BTC via Aave. Five hours ago, the whale deposited 4,911 wstETH (worth approximately $10.4 million) into Aave and borrowed $6.9 million in stablecoins. Subsequently, they purchased 65.66 WBTC at an average price of $30,460 (worth about $2 million) and 2,604 ETH at an average price of $1,882 (worth about $4.9 million), then redeposited these assets back into Aave.
A whale went long on ETH and BTC on Aave. Five hours ago, the whale deposited 4,911 wstETH (worth approximately $10.4 million) into Aave and borrowed $6.9 million in stablecoins. They then purchased 65.66 WBTC at an average price of $30,460 (worth about $2 million) and 2,604 ETH at an average price of $1,882 (worth about $4.9 million), subsequently depositing these assets back into Aave.
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