According to Foresight News, according to the monitoring of on-chain data analyst Ember, Nansen marked an address that shorted the ETH/BTC exchange rate as Multicoin Capital. This address borrowed ETH by mortgaging BTC through Aave in December last year and then transferred it to Coinbase.
In addition, the address again lent 6,200 ETH (approximately $20.52 million) from Aave 9 hours ago and transferred it to Coinbase. The current lending situation of this address in Aave is: 2,648.4 WBTC (approximately US$174 million) are pledged and 35,892.6 ETH (approximately US$117 million) are borrowed. ETH is all transferred to Coinbase immediately upon loan.
