A whale withdrew 9,705 ETH from Binance and deposited it into Compound and then borrowed 12 million USDT.
Lookonchain monitoring shows that a whale withdrew 9,705 ETH (worth $22.9 million) from Binance and deposited it into Compound, then borrowed 12 million USDT to purchase more ETH. The whale traded ETH three times, profiting approximately $5 million from two of the trades.
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
KITEUSDT now launched for pre-market futures trading
Boost Your Liquidity & Earn BTC: Bitget Now Supports BGBTC as Collateral with 2.5% Reward!
Announcement on Suspension of LUNA Network Withdrawal Services
Announcement on Bitget listing NFLXUSDT, FUTUUSDT, JDUSDT, RDDTUSDT, QQQUSDT STOCK Index perpetual futures
Trending news
MoreCrypto prices
More
