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TechFlow reports, on July 26, according to Lookonchain monitoring, a whale address has been using Aave's flash loan feature to go long on BTC since July 4. The address withdrew 494 WBTC (approximately $31.7 million) from Binance at an average price of $64,232. Subsequently, the whale borrowed an additional $12 million in USDT, continuing to go long on WBTC via Binance.
According to Lookonchain monitoring, since July 4, a whale address has been using Aave's flash loan feature to go long on BTC, withdrawing 494 WBTC (approximately $31.7 million) from Binance at an average price of $64,232. Subsequently, the whale borrowed an additional $12 million in USDT, continuing to go long on WBTC via Binance.
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