Whale cycle loans buy high in WBTC and ETH, then sell 300 WBTC again to repay the loan, resulting in a total loss of approximately $39.15 million.

2026-01-15 01:18:01

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Odaily Planet Daily reports that according to crypto analyst Ember@EmberCN monitoring, the whale who previously bought WBTC and ETH at high levels through a revolving credit method has sold another 300 WBTC after BTC broke through $97,000 today, converting approximately 29.11 million USDT to repay the loan, with a selling price of about $97,053.

This whale has realized a total loss of approximately $39.15 million due to “buy high, sell low” operations. Specifically, in August 2025, it bought 1,560 WBTC at about $116,762 each (worth approximately $182 million), and 18,517 ETH at about $4,415 each (worth about $81.75 million). Subsequently, as the market declined, it gradually cut losses starting in November. Currently, all ETH has been fully liquidated at about $3,049 each, with a loss of approximately $25.29 million; WBTC has been sold at about $92,015 each for 560 units, with a loss of about $13.86 million.

As of now, this address still holds about 1,000 WBTC, valued at approximately $96.81 million at current prices.

WBTC-0.71%

ETH-1.03%

BTC-0.8%

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