A giant whale deposited 2,647.9 WBTC into Aave, borrowed 29,496 ETH and transferred it to Coinbase
According to on-chain data analyst Yu Jin, on December 30 that FalconX has received 2,647.9 WBTC (approximately $111 million) in the past 10 days, and then borrowed 29,496 ETH (approximately $68 million) from Aave and transferred it to Coinbase. This may be a bet that the ETH/BTC exchange rate will continue to fall.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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