A crypto whale shifted strategy by leveraging WBTC and Aave to expand holdings, reflecting active use of DeFi lending and borrowing mechanisms in large-scale asset management.
An on-chain analyst reported that a whale withdrew 145 WBTC from Binance, deposited them into Aave, and borrowed $13 million USDT to purchase an additional 117.5 WBTC. Following these transactions, the whale now holds 262.5 WBTC, valued at $28.95 million, with an average acquisition cost of $110,286 per BTC. This move demonstrates an active DeFi strategy combining centralized exchange withdrawals with lending protocols for leveraged accumulation.