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