A giant whale hoarded $230 million worth of WBTC and ETH in three weeks through a revolving loan
2025-09-02 09:39:13
According to analyst Ember, a whale/institution has currently hoarded $230 million worth of WBTC and ETH over a three-week period through revolving loans, including 1,356.8 WBTC worth $149 million, with an average price of $117,556; and 18,454 ETH worth $81.06 million, with an average price of $4,415. The address has also borrowed as much as $114 million on Aave due to revolving loans and leverage.
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