A whale has borrowed $11.8 million in stablecoins and bought 4,459 ETH since August 11
According to Lookonchain monitoring, during the market crash on August 5th, the whale that was liquidated for 2,890 wstETH ($8.06 million) has started buying and going long on ETH again. Since August 11th, they have borrowed 6.6 million DAI, 2.7 million USDT, and 2.5 million USDC, and purchased 4,459 ETH ($11.8 million) at a price of $2,646.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CandyBomb x POWER: Trade to share 4,387,500 POWER
New users get a 100 USDT margin gift—Trade to earn up to 1888 USDT!
Bitget Spot Margin Announcement on Suspension of DOG/USDT, ORDER/USDT, BSV/USDT, STETH/USDT Margin Trading Services
BGB holders' Christmas and New Year carnival: Buy 1 BGB and win up to 2026 BGB!
