Kanye West-linked address borrows $25M against WETH, withdraws 12,549 ETH from Binance
- —18,500.54 WETH posted as collateral, $25.01 million borrowed
- —12,549.9 ETH worth $32.04 million withdrawn since Sept. 29
- —Average entry lowered to $2,553.31 from $2,736.47
- —5 million USDC sent to address 0x4BA…82cE2 seven hours ago
Why it matters: The large looping ETH long via Aave shows how whales are adding leverage as the market rebounds.
Source: PANews