Whale/Institution Accumulates $230M in Crypto Assets Over Three Weeks

This whale/institution has accumulated $230M worth of WBTC and ETH in just three weeks through a looping loan strategy. ◎ 1,356.8 WBTC, worth $149M, average price $117,556; ◎ 18,454 ETH, worth $81.06M, average price $4,415. Due to leveraging through looping loans, their borrowing on Aave has also reached $114M. Address: https://(debank.com)/profile/0x4ed0b41dff79e0e53a054903873899bc32abc853 Sponsored by Bitget｜@Bitget_zh