A whale withdrew 9705 ETH from CEX and deposited it into Compound, then borrowed 12 million USDT
2024/01/10 04:46
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
According to Lookonchain monitoring, a certain whale withdrew 9705 ETH (22.9 million USD) from CEX and deposited it into Compound, then borrowed 12 million USDT to buy more ETH. The whale traded ETH three times in total, profiting twice and earning approximately 5 million USD.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like

Sesa shareholders approve EUR 1.33-per-share dividend at annual meeting
Reuters•2026/08/27 10:04
RBC 2026 Q3 Pillar 3 report shows CET1 ratio steady at 13.5%
Reuters•2026/08/27 10:04
SK Telecom secures KRW 3.08 trillion KKR, IMM investment for AI data center spinoff SK Horizon
Reuters•2026/08/27 10:04
Crypto prices
MoreBitcoin
BTC
$80,112.8
+2.26%
Ethereum
ETH
$2,537.27
+3.71%
Tether USDt
USDT
$0.9999
-0.01%
BNB
BNB
$712.68
+2.51%
XRP
XRP
$1.44
+2.12%
USDC
USDC
$1.0000
-0.00%
Solana
SOL
$104.6
+8.88%
TRON
TRX
$0.3363
-0.03%
Hyperliquid
HYPE
$83.12
+1.58%
Dogecoin
DOGE
$0.08897
+3.58%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now