A Whale Accumulated 262.5 WBTC with Leverage, with an Average Price of $110,286

By: theblockbeats.news|2025/08/27 04:51:42

BlockBeats News, August 27th, According to Chainalysis, a whale bought WBTC using leverage. 11 hours ago, the whale withdrew 145 WBTC from Binance to an on-chain address, then deposited it into Aave for collateral and borrowed 13 million USDT to continue purchasing an additional 117.5 WBTC.

They now hold 262.5 WBTC ($28.95 million), with a cost basis of $110,286 per WBTC.