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A whale withdrew 9705 ETH from CEX and deposited it into Compound, then borrowed 12 million USDT

A whale withdrew 9705 ETH from CEX and deposited it into Compound, then borrowed 12 million USDT

2024/01/10 04:46

According to Lookonchain monitoring, a certain whale withdrew 9705 ETH (22.9 million USD) from CEX and deposited it into Compound, then borrowed 12 million USDT to buy more ETH. The whale traded ETH three times in total, profiting twice and earning approximately 5 million USD.

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.

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