A whale borrowed 20 million stablecoins through a lending platform to buy ETH, WBTC and LINK
Lookonchain monitoring shows that a whale is borrowing stablecoins from Aave and Compound to purchase ETH, WBTC, and LINK. In the past 24 hours, the whale has purchased 200 WBTC (worth $13.13 million), 2,000 ETH (worth $5.26 million), and 79,999 LINK (worth $898,000).
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
Tax on Bitcoin (BTC) and Cryptocurrencies from Russia!
The Russian Federation Council has approved a new tax bill for cryptocurrency mining and trading.
Tornado Cash Decision from the US Will Benefit These Altcoins the Most!
10X Research founder Markus Thielen assessed the impact of the Tornado Cash decision.
Another Country Makes a Move for Bitcoin! The First Step Has Been Taken for a Strategic BTC Reserve!
Vancouver Mayor Ken Sim has announced plans to add Bitcoin to the city's balance sheet in an effort to diversify the city's investment portfolio.
Japan's MicroStrategy Company Announces It Will Generate Resources to Buy More Bitcoin!
Japanese company Metaplanet has announced plans to raise up to 9.5 billion yen (approximately $62 million USD) in funding.
Trending news
MoreCrypto prices
More
