🐳 Whale Accumulates BTC and Takes on Leverage – Reckless or Fully Confident?

Just 1 hour ago, a whale made a surprising move by withdrawing 30 WBTC from Binance to a personal wallet. Over the past 2 days, this address has accumulated a total of 54 WBTC (~5 million USD). After gathering enough, this whale has collateralized the WBTC on AAVE V3 and borrowed USDT to execute a leverage strategy.

Currently, the whale is collateralizing 844 WBTC (~78 million USD) and borrowing 48 million USDT. With a Health Rate of only 1.26, this is a very dangerous level. If BTC drops 20% from the current level, this whale risks liquidation.

The big question:

Is this whale being reckless or genuinely confident that BTC will not drop further, but may continue to rise significantly? 🚀

#BTC #WhaleMove #Leverage #CryptoRisk #AAVE #DeFi #CryptoMarket #OnchainAnalysis