Whale borrowed 8.7 million USDT 8 hours ago through a circular loan to go long on WBTC for purchasing Bitcoin.

ForesightNews · 2025-04-26T01:03:26+00:00

Whales continue to increase their holdings of WBTC using revolving loans, holding 400.9 WBTC worth 38 million USD, with an average cost of 89,881 USD. Among them, 253.9 WBTC were recently acquired through borrowing 23.9 million USDT from Aave, with a leverage ratio of 1.18 and a liquidation price of 80,545 USD.

ForesightNews

2025-04-26 01:03:26

Abstract generation in progress

According to Foresight News, monitoring by Yu Jin shows that “a Whale using leveraged lending to go long on WBTC” borrowed 8.7 million USDT 8 hours ago to purchase WBTC. This Address currently holds a total of 400.9 WBTC, valued at approximately 38 million USD, with an average cost of 89,881 USD. Among them, 253.9 WBTC were purchased by this Address through leveraged lending from Aave, borrowing 23.9 million USDT in the last 3 days. The current health ratio of this Address’s leveraged lending Position is 1.18, corresponding to a liquidation price of 80,545 USD.

WBTC-0,32%

BTC-0,17%

AAVE-1,31%

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