PANews reported on December 8 that on-chain analyst Ember monitored that an address was long ARB on the chain through leverage. The address withdrew 2.936 million ARB (US$3.41 million) from Bybit 2 hours ago and deposited it into Aave as initial collateral, then borrowed 2.95 million USDT from Aave and transferred it to Binance to purchase 2.478 million ARB at a price of US$1.19. It currently holds 5.415 million ARB (US$6.4 million).
One address uses leverage to buy ARB on the chain and currently holds 5.415 million ARB
Comment
Recommend Reading
2024-12-08Dragonfly General Partner: AI-agent-based projects are risky, and “almost everyone will lose a lot of money”
A whale used 2.262 million USDC to buy 91.36 billion PEPE 15 minutes ago
Sky Protocol will increase the savings rate DSR, SSR and stability fees of various vault types
U.S. Treasury Department calls Bitcoin "digital gold" in fiscal report
South Korean prosecutors' office announces arrest of former Defense Minister Kim Yong-hyun
Moroccan authorities arrest five suspects in cryptocurrency phishing scam
