According to market monitoring platform Lookonchain, starting from July 4th, a giant whale withdrew 494 WBTC at an average price of $64,232 from the Binance platform, totaling approximately $31.7 million. These WBTC were then deposited into decentralized lending platform Aave. Subsequently, the giant whale borrowed 12 million USDT from Aave and returned this capital to the Binance exchange for purchasing more WBTC to execute a long operation. This series of actions indicates large cryptocurrency investors' confidence in WBTC under current market conditions, as well as their method of using leverage strategies to increase potential returns.