Data: A certain whale address withdrew 2000 WBTC from Bitfinex and then collateralized and lent out 10 million USDT on-chain

ChainCatcher news, according to Twitter user Yu Jin monitoring, a certain whale address withdrew 2000 WBTC from Bitfinex, and then used the withdrawn WBTC as collateral to borrow 10 million USDT on Compound and transferred it back to Bitfinex.

It is reported that this address has currently withdrawn a total of 2757 WBTC from Bitfinex and Binance and borrowed 29.11 million USDT from Compound.