A whale has borrowed $11.8 million in stablecoins and bought 4,459 ETH since August 11
According to Lookonchain monitoring, during the market crash on August 5th, the whale that was liquidated for 2,890 wstETH ($8.06 million) has started buying and going long on ETH again. Since August 11th, they have borrowed 6.6 million DAI, 2.7 million USDT, and 2.5 million USDC, and purchased 4,459 ETH ($11.8 million) at a price of $2,646.
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
[Initial listing] Bitget to list Talus (US) in the Innovation and AI zone
Bitget Trading Club Championship (Phase 21)—Up to 1250 BGB per user, plus a ZETA pool and Mystery Boxes
Bitget Spot Margin Announcement on Suspension of MDT/USDT, RAD/USDT, FIS/USDT, CHESS/USDT, RDNT/USDT Margin Trading Services
STABLEUSDT now launched for futures trading and trading bots
Trending news
MoreCrypto prices
More
