PANews reported on November 23 that, according to on-chain analyst Ai Yi, a whale at address 0xaFA...f7731 borrowed 150 WBTC from Binance three hours ago, pledged it to Aave, and then borrowed 6 million USDC, seemingly to buy another 150 WBTC. Currently, the whale has a total holding of $25.75 million worth of WBTC, with an average long position price of $85,376.5.PANews reported on November 23 that, according to on-chain analyst Ai Yi, a whale at address 0xaFA...f7731 borrowed 150 WBTC from Binance three hours ago, pledged it to Aave, and then borrowed 6 million USDC, seemingly to buy another 150 WBTC. Currently, the whale has a total holding of $25.75 million worth of WBTC, with an average long position price of $85,376.5.
A whale borrowed cryptocurrency to go long on WBTC, establishing a position worth $25.75 million in WBTC.
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
PANews reported on November 23 that, according to on-chain analyst Ai Yi, a whale at address 0xaFA...f7731 borrowed 150 WBTC from Binance three hours ago, pledged it to Aave, and then borrowed 6 million USDC, seemingly to buy another 150 WBTC. Currently, the whale has a total holding of $25.75 million worth of WBTC, with an average long position price of $85,376.5.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Vitalik Buterin Reveals Ethereum’s (ETH) Future Plans – Here’s What’s Planned
The post Vitalik Buterin Reveals Ethereum’s (ETH) Future Plans – Here’s What’s Planned appeared on BitcoinEthereumNews.com. Ethereum founder Vitalik Buterin presented the network’s new roadmap, which includes its short-, medium-, and long-term goals, at the Developer Conference held in Japan today. Scalability, cross-layer compatibility, privacy, and security were the prominent topics in Buterin’s speech. Buterin stated that the short-term focus will be on increasing gas limits on the Ethereum mainnet (L1). He said that tools such as block-level access lists, ZK-EVMs, gas price restructuring, and slot optimization will be used in this context. The goal is to maintain the network’s decentralization while increasing scalability. The medium-term goal is to enable trustless asset transfers between Layer-2 (L2) networks and achieve faster transaction finality. In this context, “Stage 2 Rollup” solutions, proof-of-conduct combinations, and optimizations for reading data from L1 are on the agenda. Furthermore, network optimizations such as shortening slot times, fast finality protocols, and erasure coding are planned to improve user experience and security. Buterin emphasized that privacy is a priority for both the short and medium term. Zero-knowledge (ZK) proofs, anonymous pools, encrypted voting, and scrambling network solutions are highlighted to protect the privacy of users’ on-chain payments, voting, DeFi transactions, and account changes. Furthermore, secure execution environments, secret query techniques, and the ability to conceal fraudulent requests and data access patterns are also targeted when reading data from the chain. Buterin’s long-term vision highlights a minimalist, secure, and simple Ethereum. This roadmap includes resistance to the risks posed by quantum computers, securing the protocol with mathematical methods (formal verification), and transitioning to ideal cryptographic solutions. Buterin stated that these strategic steps will transform Ethereum into a more scalable, user-friendly, and secure infrastructure. With the strengthening of L2 networks, more users will be able to use Ethereum with less trust assumptions. The ultimate goal is for Ethereum to become a reliable foundational infrastructure for global…
Share
BitcoinEthereumNews2025/09/18 15:57
Coinbase taps DeFi to offer up to 10.8% yield on USDC holdings
The crypto exchange integrates Morpho lending into its app, letting USDC users tap DeFi yields of up to 10.8%. Coinbase is rolling out a new way for users to earn yields on their USDC holdings, marking one of the exchange’s first large-scale integrations with decentralized finance (DeFi) at a time of accelerating stablecoin adoption.The company announced Thursday that it is integrating the Morpho lending protocol, with vaults curated by DeFi advisory company Steakhouse Financial, directly into the Coinbase app. The move will allow users to lend USDC (USDC) without navigating third-party DeFi platforms or wallets.Coinbase already pays up to 4.5% APY in rewards for holding USDC on its platform. With the new DeFi lending option, however, users can tap into onchain markets and potentially earn yields of up to 10.8% as of Wednesday, according to Coinbase.Read more
Share
Coinstats2025/09/19 04:30
Will the 2026 cycle really be like the 2022 crash?
The post Will the 2026 cycle really be like the 2022 crash? appeared on BitcoinEthereumNews.com. How Bitcoin Cycles Work Bitcoin cycles are often interpreted through
Share
BitcoinEthereumNews2026/03/21 16:35
