A whale who borrowed money to long BTC increased his position again, buying 53 WBTC 5 hours ago and adding margin to Aave

avatar
MarsBit
04-24
This article is machine translated
Show original
Mars Finance News, on April 24, according to on-chain data analyst @ai_9684xtpa's monitoring, the "whale who started borrowing to long BTC from 84540" has again increased its position. 5 hours ago, he transferred 5 million USDC from Coinbase, bought 53.401 WBTC at $93,631, and then added margin to Aave; currently, he has deposited 309.64 WBTC and borrowed 16.48 million USDT, with an average long price of $88,327, which will only trigger liquidation when BTC drops to $68,241.

Source
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.
Like
Add to Favorites
Comments