Whale Increases WBTC Holdings with Leveraged Loans

According to Foresight News, a significant investor known for leveraging loans to purchase Wrapped Bitcoin (WBTC) has recently borrowed an additional 8.7 million USDT to acquire more WBTC. This transaction occurred eight hours ago, and the investor's address now holds a total of 400.9 WBTC, valued at approximately 38 million USD, with an average cost of 89,881 USD per WBTC. In the past three days, the investor acquired 253.9 WBTC using a 23.9 million USDT loan from Aave through a leveraged loan strategy. The current health rate of the leveraged loan position is 1.18, with a liquidation price set at 80,545 USD.