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A giant whale borrowed 262.5 WBTC worth $28.95 million

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2025-08-27 04:47:47
According to on-chain analyst Ember, a giant whale bought WBTC through borrowing leverage. The giant whale withdrew 145 WBTC from Binance to the on-chain address 11 hours ago, then deposited Aave to pledge 13 million USDT, and continued to buy 117.5 WBTC.
The whale currently holds 262.5 WBTC worth $28.95 million at a cost of $110,286.
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