Whale Acquires $60 Million Worth of WBTC with Borrowed Funds

A notable cryptocurrency investor has made a substantial investment in Bitcoin Cash (WBTC). According to Foresight News, this whale borrowed $5.5 million USDT from Aave and then used the funds to acquire 60.07 WBTC at an average price of $91,242.6 per token. The purchased WBTC now resides on a collateralized account with 375.07 tokens valued at around $32 million USD, and they have borrowed an additional $22.48 million in USDT through Aave.