A whale liquidated its entire position of 250 WBTC, incurring a loss of approximately $7.95 million.
AI Summary1 min read
TL;DR
A whale sold 250 WBTC at a loss of about $7.95 million after buying at a higher price. It also liquidated 17,497 ETH, losing $18.4 million on previous positions.
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Wrapped BitcoinDeFiwhaleWBTCETHlossliquidation
According to Foresight News , monitoring by @ai_9684xtpa, a whale sold 250 WBTC (approximately $21.17 million) at an average price of $84,710 in the past 8 hours, incurring a loss of approximately $7.948 million. This address had previously purchased WBTC at an average price of $116,504. Furthermore, this address also liquidated 17,497 ETH in batches between November 17th and November 21st, at an average price of $2,994.9, incurring a loss of $18.4 million on its previously established position of 13,316 ETH.