borrowing strategy
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X @Lookonchain
Lookonchainยท 2025-12-01 12:04
This #BitcoinOG(1011short) borrowed 220M $USDT from Aave using $ETH as collateral and deposited it into #Binance, most likely to buy more $ETH.During this period, a newly created wallet 0x36ED withdrew 42,225 $ETH($120M) from #Binance.https://t.co/fpm4e9Fxie https://t.co/ys8TwyCPvNLookonchain (@lookonchain):This #BitcoinOG(1011short) just deposited 55,340 $ETH($157.2M) into Aave and borrowed 50M $USDT, which he then sent to Binance.Is he starting a looped borrowing strategy to buy even more $ETH?https://t.c ...