Galaxy Digital may be going long BTC and ETH on Aave and Compound
On October 28th, according to Lookonchain monitoring, Galaxy Digital deposited a total of 4,168 WBTC (approximately $142 million) and 16,000 ETH (approximately $28.6 million) into Aave and Compound, and then borrowed 71.6 million USDT and 21.9 million USDC. It seems to be bullish on BTC and ETH.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Trump family crypto project WLFI bought $250,000 of ENA 4 hours ago and exchanged 103 cbBTC for WBTC
Placeholder Partners: Market correction after the Fed FOMC meeting, don’t over-trade
Metaplanet announces that its shares have begun trading on the OTCQX market in the United States
Musk recruits for Government Efficiency unit, explores 501(c)(3) structure