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A whale borrowed 10.2 million USDT through Aave and used it to increase its holdings by 109.2 WBTC

A whale borrowed 10.2 million USDT through Aave and used it to increase its holdings by 109.2 WBTC

CointimeCointime2025/04/23 11:22
By:Cointime

according to on-chain analyst Yu Jin's monitoring, a whale address borrowed 10.2 million USDT through the Aave protocol using a revolving loan method, purchased 109.2 packaged Bitcoins (WBTC) at a unit price of 93,331 US dollars. The address currently holds a total of 256.2 WBTC, with a total value of approximately 24.12 million US dollars, and an average holding price of 87,162 US dollars. The current health ratio of this position is 1.14, with a liquidation price of 82,457 US dollars.

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