Whale "0x2bd" Converts 240.44 BTC to ETH and Executes Leveraged Trading Strategy

BTC0,86%
ETH1,88%
AAVE1,13%

Gate News bot message, whale address “0x2bd” swapped 240.44 BTC ($15.7M) for 8,152 ETH at 0.02945 via ThorChain yesterday. Today, the whale supplied the ETH into Aave, loop-borrowed $36M USDT, and purchased 17,283 ETH at $2,083. The whale currently holds 25,434.5 ETH ($52.45M).

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin enters "Facebook explosion period"? Analysts: Users may welcome a threefold growth window

Bitcoin is undergoing a crucial phase of adoption, gradually shifting from a "niche asset" to a mainstream financial asset. Analysts point out that the "detagging" process of Bitcoin has attracted more institutional investors, and the market structure is undergoing deep changes. The number of global Bitcoin holders has reached 106 million, and spot ETFs are driving capital inflows, indicating that its growth potential remains enormous.

GateNews4m ago

Last week, Bitcoin spot ETFs saw a net outflow of $296 million, with BlackRock's IBIT experiencing a net outflow of $158 million.

Last week, Bitcoin spot ETFs saw a net outflow of $296 million, with BlackRock's IBIT experiencing a net outflow of $158 million. The largest net inflow was from Fidelity's FBTC, totaling $46.825 million. As of the time of writing, the total net asset value of the ETFs is $84.77 billion.

GateNews4m ago

Oil prices surged past $116! The escalation of war impacts the market, and Bitcoin rebounded after dropping below $65,000.

In March 2026, international oil prices surged significantly due to escalating conflicts in the Middle East, with Brent crude exceeding $116 per barrel. Geopolitical tensions drove oil prices, and potential disruptions in the Strait of Hormuz raised market concerns. Investors focused on energy supply and policy impacts, leading to volatility in stocks and crypto assets.

GateNews4m ago

Powell's speech is coming! This week, six major macroeconomic data releases are scheduled, and Bitcoin may face a critical turning point.

Bitcoin is expected to maintain around $67,400 by the end of March 2026, influenced by upcoming U.S. economic data (including Powell's speech, employment, and consumer indicators), which will determine market direction. Expectations of interest rate cuts and resilient economic data will directly impact Bitcoin's movement, with prices likely fluctuating within a key range in the short term.

GateNews9m ago

Bitcoin ETF rakes in nearly $200 million! Larry Fink’s compensation skyrockets to $37.7 million

Global asset management giants performed exceptionally well in 2025. CEO compensation rose to $37.7 million, driven mainly by the expansion of Bitcoin and Ethereum business lines. Bitcoin ETFs grew rapidly, with assets under management surpassing $100 billion. Total assets under management reached $1.4 trillion, with profits exceeding expectations, but some shareholders have reservations about the compensation plan. Digital assets will continue to shape the company’s development.

GateNews13m ago

Bitcoin long positions surged to 79,000! Adam Back: Long-term funds are quietly accumulating.

Recent data shows that Bitcoin's leveraged long positions have reached a new high since November 2023, and market sentiment remains cautious. Analysis indicates that this reflects a gradual accumulation of long-term funds, with some institutions adopting a staggered buying strategy to reduce impact costs. Although facing geopolitical and macroeconomic risks, the expansion of long positions may mean that chips are shifting toward long-term holders, with future trends relying on changes in the macro environment and capital flows.

GateNews27m ago
Comment
0/400
No comments