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A whale initiated a major short on ETH/BTC, withdrawing 3,644 cbBTC from Coinbase, depositing 3,034 cbBTC into Aave, and borrowing 79,638 ETH to short the pair. The position, valued at $449M, has drawn significant market attention.
A whale initiated a major short on ETH/BTC, withdrawing 3,644 cbBTC from Coinbase, depositing 3,034 cbBTC into Aave, and borrowing 79,638 ETH to short the pair. The position, valued at $449M, has drawn significant market attention.