A whale deposited cbBTC and lent 79638 ETH to Aave to short the ETH/BTC exchange rate
According to BlockBeats, on March 17th, according to Lookonchain monitoring, a certain whale continued to short ETH/BTC trading pairs. Giant Whale extracted 3644 cbBTC ($304 million) from Coinbase and deposited 3034 cbBTC ($253 million) into Aave. Then borrow 79638 ETH ($152 million) from Aave and deposit it into Coinbase.