A Whale bought 1390 ETH at an average price of 4000 USD and used it as collateral to go long on the ETH/BTC Exchange Rate.

On August 8, according to Lookonchain monitoring, when ETH broke through $4000, Whale 0xaf6c just bought 1,390 WETH for $4000 (5.56 million USD). Then, he deposited the 1,390 WETH into Aave, borrowed 52.83 WBTC (6.17 million USD) from Aave, and exchanged it for 1,539 WETH (6.17 million USD).

ETH3.47%
BTC-0.29%
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