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A certain whale accumulated 603.50 WBTC, worth approximately $71.62M, through Aave's recursive lending.

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251Words
Aug 10, 2025

On August 10, according to Ember Monitoring, a whale borrowed 20.00M $USDC from $Aave three days ago and transferred it to Kraken. It has now purchased and withdrawn 109.6 $WBTC ($12.91M).


The whale is using $Aave to leverage buy $WBTC through a revolving loan. It has now hoarded a total of 603.5 $WBTC ($71.62M) at an average cost of approximately $90,382.00.

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