A whale borrowed 20 million stablecoins through a lending platform to buy ETH, WBTC and LINK:
According to Lookonchain monitoring, a whale is borrowing stablecoins from Aave and Compound to buy ETH, WBTC and LINK. Crypto whales, especially Bitcoin whales, are the most eye-catching. The term Bitcoin Whale refers to users who own a large amount of Bitcoin, including both individuals and various Bitcoin funds and investment institutions. It usually refers to holding at least 100 BTC or its equivalent in US dollars or more. Because these whales hold a huge amount of Bitcoin, every time they buy and sell, it may have a profound impact on the market. Therefore, it is of great significance to pay close attention to the behavior of cryptocurrency whales. In the past 24 hours, this whale has purchased 200 WBTC (total value of 13.13 million US dollars), 2,000 ETH (total value of 5.26 million US dollars), and 79,999 LINK (total value of 898,000 US dollars). This whale's sweeping action has undoubtedly injected new vitality and topics into the crypto market. At the same time, it also brings doubts: What is the plot of this mysterious whale? Is it optimistic about the long-term potential of these projects, or is there another layout? Let's pay attention to the subsequent development of this whale! According to the market, Bitcoin rose above 65,000 USDT, with the highest price of 66,636. There was a slight correction in the morning, and it is now reported at 65,571.23 USDT. The 24-hour increase narrowed to 2.48%.
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