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TechFlow reports, according to on-chain analyst Yujin's monitoring, that a whale address has withdrawn 2000 WBTC from Bitfinex, then used the withdrawn WBTC as collateral on Compound to borrow 10 million USDT, which was transferred back to Bitfinex.
So far, this address has cumulatively withdrawn 2757 WBTC from Bitfinex and Binance, and borrowed 29.11 million USDT from Compound.
A whale address withdrew 2,000 WBTC from Bitfinex and subsequently used the withdrawn WBTC as collateral on Compound to borrow 10 million USDT, which was then transferred back to Bitfinex. So far, this address has cumulatively withdrawn 2,757 WBTC from Bitfinex and Binance and borrowed 29.11 million USDT from Compound.
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