COINOTAG News reports that on April 22, data from Onchain Lens indicates that prominent crypto influencer Jez (@izebel_eth) made a significant move in the market by depositing 1537 MKR, valued at approximately $2.07 million, into Aave V3. Following this strategic deposit, Jez executed a loan of 700,000 USDC, likely aiming to leverage market conditions effectively. The funds were then redirected into Hyperliquid, where a substantial BTC long position was created, employing an aggressive 40x leverage. This move underscores a growing trend among high-profile traders who are increasingly utilizing decentralized finance platforms to enhance their trading strategies.
Source: https://en.coinotag.com/breakingnews/crypto-kol-jez-deposits-1537-mkr-into-aave-v3-leverages-btc-long-position-with-40x-risk/