A whale deposited cbBTC into Aave and borrowed 79,638 ETH to short the ETH/BTC exchange rate

Blockbeats

03-17

BlockBeats News, March 17th, according to LookIntoChain monitoring, a whale continues to short the ETH/BTC trading pair.

The whale withdrew 3,644 cbBTC (~$304 million) from Coinbase and deposited 3,034 cbBTC (~$253 million) into Aave.

Then borrowed 79,638 ETH (~$152 million) from Aave and deposited it into Coinbase.

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