Data: A whale deposited cbBTC into Aave and borrowed 79,638 ETH to short the ETH/BTC exchange rate

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According to ChainCatcher, on-chain analyst Lookonchain (@lookonchain) has monitored that a whale is continuously shorting the ETH/BTC trading pair. The whale has withdrawn 3,644 cbBTC (approximately $304 million) from Coinbase and deposited 3,034 cbBTC (approximately $253 million) into Aave. Subsequently, the whale has borrowed 79,638 ETH (approximately $152 million) from Aave and deposited it into Coinbase.

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