Lookonchain (@lookonchain): Galaxy Digital borrowed another 10M $DAI 6 hours ago and exchanged it for 10M $USDC.
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
Galaxy Digital borrowed another 10M $DAI 6 hours ago and exchanged it for 10M $USDC. Galaxy Digital deposited ~$178.7M worth of $WBTC and $ETH on #Defi and borrowed ~$104M worth of stablecoins. The current average health rate is ~1.25. https://twitter.com/lookonchain/status/1718191824622497963 https://t.co/seCO3iIbsC Quote [@lookonchain](https://www.twitter.com/lookonchain/status/1718191824622497963) > Seems that Galaxy Digital is long $BTC and $ETH on #Aave and #Compound. > > Galaxy Digital deposited a total of 4,168 $WBTC($142M) and 16K $ETH ($28.6M) into #Aave and #Compound, then borrowed out 71.6M $USDT and 21.9M $USDC. > > https://t.co/2QTPSV1QRn https://t.co/hAFCqDl1tQ