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A whale deposited cbBTC to Aave to lend 79,638 ETH to short the ETH/BTC exchange rate
BlockBeats
2025-03-17 11:26

Author：West Coast wind

On March 17, according to Lookonchain monitoring, a giant whale continued to short the ETH/BTC trading pair.

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

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

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