A whale borrowed $10.2 million through a revolving loan to purchase 109.2 WBTC

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According to Foresight News, based on Yujin monitoring, a whale borrowed $10.2 million from Aave through a circular loan method 8 hours ago, purchasing 109.2 WBTC at a price of $93,331. Currently, the whale holds a total of 256.2 WBTC, valued at approximately $24.12 million, with an average cost of $87,162. However, the whale's leveraged long position on BTC has a low health rate of only 1.14, with a corresponding liquidation price of $82,457.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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