#Strategy加仓BTC Large traders' recent moves are quite aggressive. On-chain data shows that a certain whale has been engaging in lending mining—over the past 20 days, they borrowed a total of 18.3 million USDe from lending protocols, then used all of it to buy the gold token XAUT. In total, they purchased 8,337 tokens, with a total value directly hitting $38.4 million.

What does this combination of actions indicate? First, the enthusiasm of large traders for precious metal tokenization remains strong. Second, they are becoming increasingly skilled in on-chain finance strategies—borrowing stablecoins, locking in spot holdings, and executing trades with a rhythm of borrowing on the left and trading on the right. $BTC $ETH $SOL The market fluctuations of these mainstream tokens may be dazzling, but whale operations like this often reveal the true intentions of the market. Worth keeping an eye on.