A certain giant borrowed 10.2 million USDT through a revolving loan to buy 109.2 WBTC

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PANews
04-23
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PANews reported on April 23 that according to on-chain analyst Yu Jin's monitoring, a whale borrowed 10.2 million USDT from Aave through a circular loan method 8 hours ago and bought 109.2 WBTC at a price of $93,331.

He now holds a total of 256.2 WBTC (worth $24.12 million), with an average cost of $87,162. However, his leveraged long BTC position health rate is quite low, at only 1.14. The corresponding liquidation price is $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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