$ETH After breaking 4000, everyone went crazy! A certain whale bought 1390 WETH (approximately 5.56 million USD) at a price of 4000.
Subsequently, he deposited these WETH into the lending platform Aave, borrowed 52.83 WBTC, and then exchanged the WBTC for 1539 WETH (approximately 6.17 million USD).
Through the above series of lending and re-lending operations, the guy effectively holds 2930 WETH, with a leverage ratio of 2.1 times.
Through on-chain operations, he achieved more than 2 times long leverage on ETH.