🚨Strategic Whale Moves🚨 #ETH and $WBTC Long Position on #Compound Amid Market Dip👇

A prominent investor initiated long positions in both $ETH ( #Ethereum ) and $WBTC (Wrapped Bitcoin) on the Compound platform approximately four hours ago, capitalizing on the market's recent downturn.

This investor committed a deposit of 4,998 ETH, which is valued at $7.75 million, into the #Compound protocol and subsequently secured a loan of $6 million in #stablecoins .

Subsequently, they executed purchases of 3,218 ETH, totaling $5 million at an average price of $1,554 per token, along with 39.4 WBTC, amounting to $1 million at a rate of $25,393 per token.

For further reference, the associated address is 0x123d8e021ae05a1a2c6ac935c5678f2d2a0973c1

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