Data: "0xD275" The giant whale borrowed 59 million USDC from Compound to buy USDT

ChainCatcher news, according to monitoring by Lookonchain, a whale address starting with 0xD275 withdrew 50,000 ETH (approximately $81.8 million) from Bitfinex 2 hours ago and deposited it into Compound, then borrowed 59 million USDC from Compound to buy USDT, attempting to restore the peg of USDT.

Previous report, the whale address starting with "0xD275" borrowed 50 million USDC from Aave after USDT decoupled and began purchasing USDT for arbitrage. (Source link)