Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Galaxy Digital borrowed another 10 million DAI by pledging WBTC and ETH, and has now borrowed a total of approximately US$104 million in stablecoins.

Galaxy Digital borrowed another 10 million DAI by pledging WBTC and ETH, and has now borrowed a total of approximately US$104 million in stablecoins.

CointimeCointime2023/11/15 04:51
By:Cointime

According to Lookonchain monitoring on November 15th, BlockBeats news reported that Galaxy Digital borrowed 10 million DAI again by mortgaging WBTC and ETH six hours ago, and exchanged it for 10 million USDC.

Galaxy Digital has deposited approximately $178.7 million worth of WBTC and ETH on Defi, and has accumulated approximately $104 million worth of stable coins. The current average health rate is 1.25.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Announcement on Suspension of LUNA Network Withdrawal Services

Bitget has suspended the withdrawal functions of all tokens under the LUNA network from September 9 (UTC) until a later date. Please note that trading will not be affected during the downtime. When withdrawal of LUNA network can be resumed, we will notify our global users in a separate announcement

Bitget Announcement2024/10/19 20:55