NEW
Morpho DeFi lending Flash News List | Blockchain.News
Flash News List

List of Flash News about Morpho DeFi lending

Time Details
04:12
Whale Acquires 37.42 WBTC at $94,518 Average and Borrows $1.33M USDT via Morpho: On-chain Analysis

According to @ai_9684xtpa, a new wallet address (0x8fA...066c6) accumulated 37.42 WBTC, valued at $3.53 million, at an average price of $94,518 six hours ago. The WBTC holdings were deposited into Morpho, a decentralized lending protocol, and subsequently used as collateral to borrow $1.33 million USDT. This significant on-chain transaction signals increased whale activity in WBTC and highlights the growing use of DeFi lending platforms for leveraged trading strategies. The use of Morpho for borrowing stablecoins against WBTC may influence short-term liquidity and price action in both assets (Source: @ai_9684xtpa on Twitter, April 27, 2025).

Source