A whale transfers 200 WBTC from Binance, worth over ten million US dollars, then deposits into Aave to lend DAI
Publication Time:2024-07-26 11:27:06
According to the monitoring by on-chain analyst @ai_9684xtpa, this whale, who once ranked top in the Blast staking leaderboard, executed a large-scale WBTC transfer action on the Binance platform six hours ago. Specifically, the whale transferred 200 WBTC from Binance to Aave, marking the crypto assets valued at 13.12 million US dollars as collateral deposited into Aave. Subsequently, the Aave platform borrowed 1.58 million DAI using this fund, further revealing the dynamics of borrowing and liquidity operations in the market. This series of operations not only reflects the activity level of the crypto market but also provides investors with important clues about market trends and strategies.
On-chain Analysis
Aave Lending
whale transactions
WBTC transfer
DAI borrowing