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Data: A certain whale deposited 190 million dollars in cbBTC into the Aave protocol and borrowed ETH to short the ETH/BTC trading pair

2025-03-05 11:07:29

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ChainCatcher news, according to on-chain analyst Lookonchain (@lookonchain), a giant whale is shorting the ETH/BTC trading pair. The whale withdrew 2,770 cbBTC (approximately $243 million) from Coinbase, and then deposited 2,219 cbBTC (approximately $194.6 million) into the Aave protocol, borrowing 45,441 Ethereum (approximately $99 million).

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Giant Whale cbBTC ETH/BTC On-chain Tracking

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