Lookonchain monitoring shows that after a market downturn 4 hours ago, a whale address went long on ETH and WBTC on Compound. The whale deposited 4,998 ETH ($7.75 million) into Compound and borrowed $6 million in stablecoins. They then purchased 3,218 ETH ($5 million) at a price of $1,554 and 39.4 WBTC ($1 million) at a price of $25,393.
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