TechFlow news, August 10 — According to on-chain analyst EJ, a whale address 0xc9d...642 borrowed 20 million USDC from Aave three days ago and transferred it to Kraken. It has since purchased and withdrawn 109.6 WBTC (worth $12.91 million).
This whale is leveraging WBTC via flash loans through Aave. So far, it has accumulated a total of 603.5 WBTC (worth $71.62 million) at an average cost of approximately $90,382.




