A certain whale accumulated $230.0 million worth of WBTC and ETH through a circular lending method over a period of three weeks.
TechFlowSep 2, 2025On September 2nd, according to analyst Ember, a certain whale/institution has accumulated $230.00 million worth of $WBTC and $ETH through circular loans in three weeks, including 1,356.80 $WBTC, worth $149.00 million, at an average price of $117,556.00; and 18,454.00 $ETH, worth $81.06 million, at an average price of $4,415.00. Due to the leverage added through circular borrowing, the address also has borrowings of up to $114.00 million on Aave. [Techflow]
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A certain whale accumulated $230.0 million worth of WBTC and ETH through a circular lending method over a period of three weeks.
TechFlowSep 2, 2025On September 2nd, according to analyst Ember, a certain whale/institution has accumulated $230.00 million worth of WBTC and ETH through circular loans in three weeks, including 1,356.80 WBTC, worth $149.00 million, at an average price of $117,556.00; and 18,454.00 ETH, worth $81.06 million, at an average price of $4,415.00. Due to the leverage added through circular borrowing, the address also has borrowings of up to $114.00 million on Aave. [Techflow]
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