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Strike Gold by Sharing Your TradFi Orders and Pictures!
Post on Gate Square and split $10,000 in rewards!
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A certain address that goes long on BTC through a loop loan borrows an additional 8.7 million USD or buys BTC.
On April 26, according to on-chain data analyst Yu Jin’s monitoring, a “Whale that goes long on WBTC through circular loan leverage” borrowed 8.7 million USDT 8 hours ago to purchase WBTC. This address now holds a total of 400.9 WBTC (, approximately 38 million USD ), with an average cost of 89,881 USD. Among them, 253.9 WBTC were purchased using 23.9 million USDT borrowed from Aave through circular lending in the last 3 days. Currently, the leverage borrowing position health rate of this address is 1.18, corresponding to a liquidation price of 80,545 USD.