A giant whale deposited MKR to Aave and borrowed 1.84 million USDC, exchanged it for DAI and deposited it into MakerDAO
According to Spot On Chain monitoring, a whale address starting with 0x8af withdrew 4077 MKR (approximately $5.88 million) from Bitget at an average price of $1442 in the past 24 hours. The whale then deposited these MKR into Aave and borrowed 1.84 million USDC. After that, the whale exchanged the USDC for DAI and deposited it into MakerDAO, where the DAI savings rate (DSR) is currently 5%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Shiba Inu Team Stands Firm: ‘SHIB Is Our BTC’ as Market Faces Uncertainty
Arbitrum Devs Initiate ARB Buyback to Bolster Ecosystem Growth
Best Cryptos for Beginners? Qubetics Sells Over 499 Million Tokens, Monero’s Privacy and Kaspa’s Speed
Discover the best cryptos for beginners! Learn how Qubetics raised over $14.9 million, plus explore the privacy features of Monero and the speed of Kaspa.Qubetics – Revolutionizing Cross- Border TransactionsMonero – The Unmatched Leader in Privacy CoinsKaspa – A Fresh Take on Blockchain SpeedConclusion – Building a Strong Foundation in Crypto
Whales Withdraw $14.35M USDC After ETH Long Exit
8 whale wallets withdrew $14.35M USDC from Hyperliquid after closing ETH long positions for profit.Whales Take Profits on ETHMarket Impact & SpeculationsWhat’s Next for Ethereum?
Trending news
MoreCrypto prices
More
