Investor Secures Strategic Position Amid Market Recovery

lxuan.eth has made a strategic move in the cryptocurrency market by investing $8.51 million to bolster their holdings, purchasing 77.21 cbBTC at an average price of $110,230 per unit. This investment was executed during recent market recovery, resulting in an unrealized profit of approximately $18,000. To facilitate this transaction, the investor has secured a loan using 77.21 cbBTC as collateral to borrow a substantial sum of USDC, maintaining a health factor of 1.25.