A smart money address used 20 million USDC to purchase 313.24 WBTC six hours ago
According to on-chain analyst Yu Jin, 6 hours ago, a whale used 20 million USDC to purchase 313.24 WBTC on the chain at a price of $63,848 each. This whale, who had previously profited $20.8 million from investments in ETH and LINK, borrowed 20 million USDC by depositing 15,001 ETH (worth $44.13 million) into Aave as collateral. Then they used this 20 million USDC to buy the aforementioned amount of WBTC. The last operation carried out by this whale was on May 3rd when they bought 2.095 million OP tokens for $5.98 million using 2000 ETH at a price of $2.85 per token.
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