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TechFlow reports on March 10, according to The Data Nerd's monitoring, the whale address 0x25D withdrew 50 WBTC (approximately $4.06 million) from Binance two hours ago and deposited it into AAVE. Subsequently, it deposited an additional 251 WBTC and 40 cbBTC (totaling approximately $33.95 million) into AAVE, borrowing 12 million USDC and USDT.
It is understood that this whale typically borrows USDT/USDC stablecoins to accumulate more WBTC.
According to The Data Nerd's monitoring, whale address 0x25D withdrew 50 WBTC (approximately $4.06 million) from Binance two hours ago and deposited it into AAVE. Subsequently, it deposited an additional 251 WBTC and 40 cbBTC (totaling approximately $33.95 million) into AAVE, borrowing 12 million USDC and USDT. It is reported that this whale typically operates by borrowing USDT/USDC stablecoins to accumulate more WBTC.
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