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TechFlow reports on March 17 that, according to blockchain analyst Lookonchain (@lookonchain), a whale has been continuously shorting the ETH/BTC trading pair.
The whale withdrew 3,644 cbBTC (approximately $304 million) from Coinbase and deposited 3,034 cbBTC (approximately $253 million) into Aave. Subsequently, the whale borrowed 79,638 ETH (approximately $152 million) from Aave and deposited them into Coinbase.
According to on-chain analyst Lookonchain (@lookonchain), a whale has been continuously shorting the ETH/BTC pair. The whale withdrew 3,644 cbBTC (approximately $304 million) from Coinbase and deposited 3,034 cbBTC (approximately $253 million) into Aave. Subsequently, the whale borrowed 79,638 ETH (approximately $152 million) from Aave and deposited them into Coinbase.
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