A whale bought 117.5 WBTC through leveraged lending

Whales increased their holdings of WBTC through lending leverage: they withdrew 145 WBTC from Binance, pledged 13 million USDT on Aave to buy another 117.5 WBTC, and now hold 262.5 WBTC worth $28.95 million, at a cost of $110,000.