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A whale that is long on the ETH/BTC exchange rate lent 50 WBTC 9 hours ago and went long again

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2024-05-19 01:52:10
According to the monitoring of on-chain analyst Ember, the ETH/BTC exchange rate fell to 0.044 a few days ago, and the ETH/BTC exchange rate long 0x1111 was forced to retrieve part of the ETH and buy it into WBTC repayment to reduce the position.
Now that the ETH/BTC exchange rate has just rebounded a little to 0.0466, he has re-increased the ETH/BTC exchange rate: 9 hours ago, he lent 50 WBTC ($3.35 million) and sold it for 1069 ETH.
The whale now has a position health ratio of 1.07 (clearing line at the ETH/BTC exchange rate of 0.0435).
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