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A smart money address used 20 million USDC to buy 313.24 WBTC 6 hours ago

CointimeCointime2024/05/14 00:10
By:Cointime

According to blockchain analyst Yu Jin has monitored that 6 hours ago, a whale purchased 313.24 WBTC on the chain using 20 million USDC at a purchase price of $63,848. This whale, who previously profited $20.8 million from investments in ETH and LINK, borrowed 20 million USDC by depositing 15,001 ETH ($44.13 million) as collateral on Aave. They then used the 20 million USDC to purchase 313.24 WBTC. The last time this whale made a move was on May 3, when they purchased 2.095 million OP ($5.98 million) using 2,000 ETH at a price of $2.85.

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