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A whale that is long Bitcoin in a cycle bought another 366.31 WBTC

A whale that is long Bitcoin in a cycle bought another 366.31 WBTC

CointimeCointime2024/11/06 09:00
By:Cointime

On November 6th, according to Lookonchain monitoring, a whale has once again gone long on Bitcoin ($BTC) through loop borrowing and lending. In the past two hours, the whale borrowed $27 million from Aave at an average price of $73,708 to purchase 366.31 WBTC.

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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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