• bitcoinBitcoin (BTC) $ 87,497.00
  • ethereumEthereum (ETH) $ 2,068.82
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.45
  • bnbBNB (BNB) $ 630.25
  • solanaSolana (SOL) $ 143.90
  • usd-coinUSDC (USDC) $ 0.999909
  • dogecoinDogecoin (DOGE) $ 0.190946
  • cardanoCardano (ADA) $ 0.745708
  • tronTRON (TRX) $ 0.227324
  • staked-etherLido Staked Ether (STETH) $ 2,067.15
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 87,374.00
  • chainlinkChainlink (LINK) $ 15.46
  • avalanche-2Avalanche (AVAX) $ 22.92
  • stellarStellar (XLM) $ 0.294053
  • leo-tokenLEO Token (LEO) $ 9.78
  • the-open-networkToncoin (TON) $ 3.60
  • wrapped-stethWrapped stETH (WSTETH) $ 2,476.12
  • usdsUSDS (USDS) $ 1.00
  • hedera-hashgraphHedera (HBAR) $ 0.194906
  • shiba-inuShiba Inu (SHIB) $ 0.000014
  • suiSui (SUI) $ 2.46
  • litecoinLitecoin (LTC) $ 94.52
  • polkadotPolkadot (DOT) $ 4.64
  • mantra-daoMANTRA (OM) $ 6.82
  • bitcoin-cashBitcoin Cash (BCH) $ 335.69
  • bitget-tokenBitget Token (BGB) $ 4.95
  • pi-networkPi Network (PI) $ 0.878124
  • wethWETH (WETH) $ 2,069.56
  • ethena-usdeEthena USDe (USDE) $ 0.999668
  • hyperliquidHyperliquid (HYPE) $ 16.05
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • wrapped-eethWrapped eETH (WEETH) $ 2,200.59
  • whitebitWhiteBIT Coin (WBT) $ 29.18
  • uniswapUniswap (UNI) $ 6.97
  • moneroMonero (XMR) $ 219.88
  • nearNEAR Protocol (NEAR) $ 3.03
  • aptosAptos (APT) $ 5.92
  • pepePepe (PEPE) $ 0.000008
  • susdssUSDS (SUSDS) $ 1.05
  • daiDai (DAI) $ 0.999838
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.16
  • okbOKB (OKB) $ 50.96
  • internet-computerInternet Computer (ICP) $ 6.20
  • gatechain-tokenGate (GT) $ 23.94
  • ondo-financeOndo (ONDO) $ 0.920957
  • mantleMantle (MNT) $ 0.845525
  • aaveAave (AAVE) $ 186.89
  • tokenize-xchangeTokenize Xchange (TKX) $ 35.27
  • ethereum-classicEthereum Classic (ETC) $ 18.43
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 87,538.00
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998369
  • official-trumpOfficial Trump (TRUMP) $ 11.61
  • bittensorBittensor (TAO) $ 270.24
  • vechainVeChain (VET) $ 0.026617
  • ethenaEthena (ENA) $ 0.424022
  • crypto-com-chainCronos (CRO) $ 0.105024
  • cosmosCosmos Hub (ATOM) $ 4.84
  • celestiaCelestia (TIA) $ 3.69
  • render-tokenRender (RENDER) $ 4.05
  • filecoinFilecoin (FIL) $ 3.13
  • kaspaKaspa (KAS) $ 0.077596
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.229049
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • sonic-3Sonic (prev. FTM) (S) $ 0.606675
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 87,478.00
  • arbitrumArbitrum (ARB) $ 0.393605
  • algorandAlgorand (ALGO) $ 0.211729
  • fasttokenFasttoken (FTN) $ 4.02
  • story-2Story (IP) $ 6.15
  • usdt0USDT0 (USDT0) $ 1.00
  • jupiter-exchange-solanaJupiter (JUP) $ 0.560050
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.566633
  • optimismOptimism (OP) $ 0.903757
  • kucoin-sharesKuCoin (KCS) $ 11.31
  • movementMovement (MOVE) $ 0.552740
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 87,344.00
  • immutable-xImmutable (IMX) $ 0.706310
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,068.84
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,151.45
  • xdce-crowd-saleXDC Network (XDC) $ 0.074220
  • nexoNEXO (NEXO) $ 1.17
  • binance-staked-solBinance Staked SOL (BNSOL) $ 150.19
  • worldcoin-wldWorldcoin (WLD) $ 0.935112
  • makerMaker (MKR) $ 1,292.60
  • bonkBonk (BONK) $ 0.000014
  • blockstackStacks (STX) $ 0.699827
  • injective-protocolInjective (INJ) $ 10.67
  • stargate-bridged-usdc-berachainStargate Bridged USDC (Berachain) (USDC.E) $ 1.00
  • sei-networkSei (SEI) $ 0.208015
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,340.66
  • dexeDeXe (DEXE) $ 17.52
  • the-graphThe Graph (GRT) $ 0.104693
  • theta-tokenTheta Network (THETA) $ 0.994627
  • usual-usdUsual USD (USD0) $ 0.997962
  • lido-daoLido DAO (LDO) $ 1.06
  • flare-networksFlare (FLR) $ 0.014617
  • berachain-beraBerachain (BERA) $ 8.07
  • eosEOS (EOS) $ 0.571838
  • solv-protocol-solvbtc-bbnSolv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 86,058.00
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999875
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,192.50
  • galaGALA (GALA) $ 0.018571
  • paypal-usdPayPal USD (PYUSD) $ 1.00
  • wbnbWrapped BNB (WBNB) $ 630.06
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.60
  • tezosTezos (XTZ) $ 0.731835
  • iotaIOTA (IOTA) $ 0.203791
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • the-sandboxThe Sandbox (SAND) $ 0.306660
  • tether-goldTether Gold (XAUT) $ 3,032.45
  • jito-governance-tokenJito (JTO) $ 2.42
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 87,335.00
  • msolMarinade Staked SOL (MSOL) $ 183.88
  • bitcoin-svBitcoin SV (BSV) $ 35.24
  • bittorrentBitTorrent (BTT) $ 0.00000071
  • flowFlow (FLOW) $ 0.428341
  • flokiFLOKI (FLOKI) $ 0.000068
  • curve-dao-tokenCurve DAO (CRV) $ 0.502237
  • pax-goldPAX Gold (PAXG) $ 3,028.67
  • kaiaKaia (KAIA) $ 0.109272
  • entangleEntangle (NTGL) $ 0.001020
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,153.48
  • pyth-networkPyth Network (PYTH) $ 0.173234
  • usdx-money-usdxStables Labs USDX (USDX) $ 1.00
  • jasmycoinJasmyCoin (JASMY) $ 0.012681
  • heliumHelium (HNT) $ 3.40
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 157.54
  • ethereum-name-serviceEthereum Name Service (ENS) $ 17.95
  • telcoinTelcoin (TEL) $ 0.006479
  • spx6900SPX6900 (SPX) $ 0.632218
  • zcashZcash (ZEC) $ 36.71
  • fartcoinFartcoin (FARTCOIN) $ 0.583774
  • raydiumRaydium (RAY) $ 1.98
  • axie-infinityAxie Infinity (AXS) $ 3.59
  • neoNEO (NEO) $ 8.01
  • infrared-beraInfrared Bera (IBERA) $ 8.12
  • resolv-usrResolv USR (USR) $ 0.999719
  • dydx-chaindYdX (DYDX) $ 0.737548
  • elrond-erd-2MultiversX (EGLD) $ 19.97
  • dogwifcoindogwifhat (WIF) $ 0.549735
  • decentralandDecentraland (MANA) $ 0.282730
  • honey-3Honey (HONEY) $ 0.999890
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 0.811344
  • kavaKava (KAVA) $ 0.484402
  • beldexBeldex (BDX) $ 0.074261
  • roninRonin (RON) $ 0.811465
  • true-usdTrueUSD (TUSD) $ 1.00
  • pumpbtcpumpBTC (PUMPBTC) $ 85,443.00
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,195.11
  • starknetStarknet (STRK) $ 0.179238
  • arweaveArweave (AR) $ 7.52
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.190850
  • beam-2Beam (BEAM) $ 0.009343
  • conflux-tokenConflux (CFX) $ 0.094774
  • pendlePendle (PENDLE) $ 2.94
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,069.89
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999832
  • chilizChiliz (CHZ) $ 0.048290
  • ecasheCash (XEC) $ 0.000023
  • coredaoorgCore (CORE) $ 0.452672
  • apecoinApeCoin (APE) $ 0.562905
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 87,423.00
  • super-oethSuper OETH (SUPEROETHB) $ 2,068.91
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.007037
  • thorchainTHORChain (RUNE) $ 1.25
  • clbtcclBTC (CLBTC) $ 87,305.00
  • reserve-rights-tokenReserve Rights (RSR) $ 0.007801
  • grassGrass (GRASS) $ 1.58
  • olympusOlympus (OHM) $ 26.28
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,069.56
  • apenftAPENFT (NFT) $ 0.00000043
  • aerodrome-financeAerodrome Finance (AERO) $ 0.530514
  • cheems-tokenCheems Token (CHEEMS) $ 0.000002
  • axelarAxelar (AXL) $ 0.441129
  • ousgOUSG (OUSG) $ 110.45
  • usdbUSDB (USDB) $ 1.00
  • hashnote-usycHashnote USYC (USYC) $ 1.08
  • matic-networkPolygon (MATIC) $ 0.229066
  • compound-governance-tokenCompound (COMP) $ 44.56
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,158.81
  • tbtctBTC (TBTC) $ 87,253.00
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.10
  • trust-wallet-tokenTrust Wallet (TWT) $ 0.924405
  • plumePlume (PLUME) $ 0.191325
  • based-brettBrett (BRETT) $ 0.037804
  • chain-2Onyxcoin (XCN) $ 0.011316
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,068.66
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,083.48
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000066
  • amp-tokenAmp (AMP) $ 0.004223
  • akash-networkAkash Network (AKT) $ 1.44
  • lorenzo-stbtcLorenzo stBTC (STBTC) $ 86,895.00
  • fraxFrax (FRAX) $ 0.999465
  • mina-protocolMina Protocol (MINA) $ 0.282467
  • morphoMorpho (MORPHO) $ 1.46
  • gnosisGnosis (GNO) $ 131.94
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.999315
  • layerzeroLayerZero (ZRO) $ 3.03
  • aioz-networkAIOZ Network (AIOZ) $ 0.288087
DeFi

Three Whales Make Big Bets on ETH and BTC via DeFi Protocols

By admin
0 378

Three Whales Make Big Bets on ETH and BTC via DeFi Protocols

Despite recent declines in the cryptocurrency market, several whales have made significant bets on the two largest cryptocurrencies by market capitalization.

According to data from blockchain analytics platform Lookonchain, the whales (likely the same individual) have deposited large amounts of ETH and Wrapped Bitcoin (WBTC) into decentralized finance (DeFi) protocols to secure long positions.

Using the DeFi protocols, the investor deposited both ETH and WBTC and borrowed stablecoins in return. The stablecoins were then transferred to popular cryptocurrency exchange Binance, where they were used to purchase more ETH and BTC.

The strategy appears to be a bet on the future appreciation of these cryptocurrencies even as their prices have faced pressure in recent days.

In one specific instance, the individual deposited a total of 10,100 ETH (valued at $18.81 million) into Morpho AAVE, a DeFi protocol, in the past 24 hours.

They subsequently borrowed $11.5 million worth of stablecoins, which were then transferred to Binance. It is unclear how much WBTC was involved in the transactions, but the tweets from Lookonchain suggest a significant amount.

Bitcoin (BTC) and Ethereum (ETH) are down 8.8% and 10.4%, respectively, over the past week.

Source

admin 9505 posts 0 comments
You might also like More from author

Leave A Reply

Your email address will not be published.