Home > Quick > Body

A giant whale sold 725.8 WBTC in half a month to complete deleveraging

clock
2025-11-20 08:37:45
According to Ember monitoring, a giant whale that was long 1.320 WBTC through a revolving loan sold 175 WBTC in the past 5 hours for $16,180 USDC, completing the deleveraging operation. On November 5, when BTC fell to the $100,000 mark, the giant whale's position was close to the liquidation line, and then began to reduce its position to avoid liquidation. In half a month, the giant whale sold a total of 725.8 WBTC in exchange for $71,810 USDC for repayment. The average selling price was $98.939, and it still holds 618.2 WBTC (about $57 million).
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.