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A whale borrowed 20 million USDC from Aave, transferred it to Kraken to purchase and withdrew 109.6 WBTC.
Odaily News According to on-chain analyst Yu Jin's monitoring, Whale 0xc9d...642 borrowed 20 million USDC from Aave three days ago and transferred it to Kraken, where he has currently purchased and withdrawn 109.6 WBTC (approximately $12.91 million). This whale is leveraging the purchase of WBTC through Aave using a revolving loan method. He has now accumulated a total of 603.5 WBTC (approximately $71.62 million), with a cost of about $90,382.