One address uses leverage to buy ARB on the chain and currently holds 5.415 million ARB

PANews reported on December 8 that on-chain analyst Ember monitored that an address was long ARB on the chain through leverage. The address withdrew 2.936 million ARB (US$3.41 million) from Bybit 2 hours ago and deposited it into Aave as initial collateral, then borrowed 2.95 million USDT from Aave and transferred it to Binance to purchase 2.478 million ARB at a price of US$1.19. It currently holds 5.415 million ARB (US$6.4 million).

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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