A whale increased its holdings of 110,000 WIF through revolving loan leverage
On August 27, according to Lookonchain monitoring, a certain WIF whale is using circular lending leverage to increase its WIF holdings. The whale deposited 700,000 WIF (USD 1.25 million) into marginfi an hour ago and borrowed 197,000 USDC to acquire an additional 110,000 WIF.
The whale currently holds 3.3 million WIF (USD 5.94 million).
