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A giant whale deposited 7,324 ETH to Compound and loaned 9 million USDT to purchase ETH.

A giant whale deposited 7,324 ETH to Compound and loaned 9 million USDT to purchase ETH.

CointimeCointime2023/11/18 18:27
By:Cointime

Lookonchain monitoring shows that a whale who previously went long on ETH has once again gone long on ETH. The whale withdrew 7,324 ETH (worth $14.3 million) from Binance, deposited it into Compound, and borrowed 9 million USDT. Afterwards, the whale deposited the 9 million USDT into Binance to purchase more ETH.

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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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