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
Will Bitcoin Reach $105K? The Potential Impact of Liquidity Injections on Bullish Surge
Exploring the Potential Influence of Global Liquidity on Bitcoin's Ascension to a New High

Leverage-Driven Pump: How Bitcoin Long Traders Could Become Trapped
Unpacking the Perils and Potential of Leverage-Driven Bitcoin Pump for Long Traders

Despite Bitcoin’s Decline, Tom Lee Maintains BTC Will Still Be the Year’s Best Bet
Trending news
MoreCrypto prices
More








