Cryptopolitan
2024-02-17 08:48:20

Whale accumulates Ethereum while dumping wrapped Bitcoin via Aave

In recent on-chain data analysis, a significant player in the cryptocurrency market has been observed accumulating Ethereum (ETH) while offloading Wrapped Bitcoin (WBTC) through the decentralized finance (DeFi) protocol Aave. This move signals a strategic shift in the investor’s portfolio, opting for ETH over the resurgent Bitcoin (BTC) in anticipation of potential gains in the

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