A crypto address identified as 0x709…Cad6e has significantly increased its wstETH holdings by borrowing a total of $30 million USDS. Initially, the address borrowed 16 million USDS, using 10,570 ETH as collateral, to purchase 14,730.36 wstETH at an average price of $2,028. Following this, the address borrowed an additional 14 million USDS to further expand its position. This move marks the address's first major activity in six months, as reported by on-chain analyst Ai Yi.
Crypto Whale Borrows $30M USDS to Expand wstETH Holdings
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