A whale is getting aggressive on $BNB 👀
Wallet 0x2160 withdrew 8,474 $BNB worth ~$5.9M from Binance and deposited it into Venus.
Then it borrowed $2.6M $USDT against the BNB and sent the USDT back to Binance to buy more $BNB .
Basically, a leveraged long on BNB using a lending loop.
$XVS
Wallet 0x2160 withdrew 8,474 $BNB worth ~$5.9M from Binance and deposited it into Venus.
Then it borrowed $2.6M $USDT against the BNB and sent the USDT back to Binance to buy more $BNB .
Basically, a leveraged long on BNB using a lending loop.
$XVS
