A certain lending cycle Whale continues to reduce position by 350 WBTC, incurring a loss of 10.16 million USD.

GateNews

2025-11-28 00:16:36

ETH4,37%

According to BlockBeats news on November 28, monitoring by Yujin shows that a whale, which accumulated WBTC and ETH at a high price through circular lending, is cutting losses and closing all positions on 18,517 ETH with a loss of 25.29 million USD, and is gradually reducing its position in WBTC. In the past week, it sold 350 WBTC at an average price of 87,732 USD, exchanging them for 30.7 million USDT, with a cost average of 116,762 USD, resulting in a loss of 10.16 million USD on the cut loss portion of WBTC. The whale still holds 1,210 WBTC, which has unrealized losses of 30.9 million USD.

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