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A whale mortgages 1444 cbBTC and shorts $77.60 million worth of ETH

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2025-02-19 02:21:44
According to on-chain analyst Ember monitoring, although the ETH/BTC exchange rate has fallen to 0.028, there are still giant whales looking down on the ETH/BTC exchange rate: a giant whale has withdrawn a total of 1,444 cbBTC ($138.14 million) from Coinbase in the past two weeks, and then deposited Aave as collateral to borrow 29,025 ETH ($77.60 million) and then transferred to Coinbase.
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