According to PANews, a significant whale identified as 0x692...B42F6 has recently increased its holdings by acquiring 124 WBTC, valued at $7.37 million. Over the past two months, this entity has accumulated WBTC worth a total of $53.75 million, with an average purchase price of $63,513 per token, currently experiencing an unrealized loss. These 846.4 tokens have been deposited into Aave as collateral, enabling the whale to borrow 17.46 million USDT for further WBTC purchases, maintaining a health factor of 2.32.