A whale withdrew 9,705 ETH from Binance and deposited it into Compound and then borrowed 12 million USDT.
By:Cointime
Lookonchain monitoring shows that a whale withdrew 9,705 ETH (worth $22.9 million) from Binance and deposited it into Compound, then borrowed 12 million USDT to purchase more ETH. The whale traded ETH three times, profiting approximately $5 million from two of the trades.
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