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Coin Edition 2023-04-24 17:00:00

Analyst Predicts Trends Using Whales’ Onchain Borrowing Data

Traders can tell when whales go long by monitoring the Aave/Compound stablecoin borrowing pattern, according to The Data Nerd, an onchain data analyst. According to the analyst, four whales have used this strategy in the last 24 hours. In a Twitter thread, The Data Nerd explained that similar to using margin or leverage on centralized The post Analyst Predicts Trends Using Whales’ Onchain Borrowing Data appeared first on Coin Edition .

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