A whale hoarded $230 million worth of WBTC and ETH in three weeks through revolving loans.


according to analyst Yu Jin's monitoring, a certain whale / institution has currently hoarded $230 million worth of WBTC and ETH through the revolving loan method in three weeks, including 1,356.8 WBTC worth $149 million, with an average price of $117,556; and 18,454 ETH worth $81.06 million, with an average price of $4,415. Due to leveraging through revolving borrowing, the borrowing on Aave by this address is as high as $114 million.