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Galaxy Digital borrowed another 10 million DAI by pledging WBTC and ETH, and has now borrowed a total of approximately US$104 million in stablecoins.

Galaxy Digital borrowed another 10 million DAI by pledging WBTC and ETH, and has now borrowed a total of approximately US$104 million in stablecoins.

CointimeCointime2023/11/15 04:51
By:Cointime

According to Lookonchain monitoring on November 15th, BlockBeats news reported that Galaxy Digital borrowed 10 million DAI again by mortgaging WBTC and ETH six hours ago, and exchanged it for 10 million USDC.

Galaxy Digital has deposited approximately $178.7 million worth of WBTC and ETH on Defi, and has accumulated approximately $104 million worth of stable coins. The current average health rate is 1.25.

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