Wallet Transfers 10 Million POL to Binance After $3.07 Million Purchase

A crypto wallet transferred 10 million POL to Binance after buying 25 million POL for about $3.07 million, with the latest transfer valued at roughly $987,000. The wallet purchased the tokens at about $0.1228 each before depositing them on Aave as collateral. It borrowed approximately $1.4 million and used the funds for trading on Binance. As POL declined, the wallet withdrew the borrowed funds, repaid the Aave loan and recovered its collateral. It then transferred 10 million POL to Binance.

Source: TokenPost