Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

A Whale is dumping part of WBTC and close all positions in ETH, with a loss of 26.348 million USD over 4 months.

On November 21, according to on-chain analyst Ai Yi (@ai_9684xtpa), a certain Whale “closed all positions in ETH, selling part of WBTC.” In the past 8 hours, it sold 250 WBTC at an average price of $84,710 (21.17 million USD), incurring unrealized losses of 7.948 million USD. Its ETH holdings were gradually closed between November 17 and November 21, ultimately selling 17,497 ETH (52.41 million USD) at an average price of $2,994.9, resulting in unrealized losses of 18.4 million USD from the previously built position of 13,316 ETH. The WBTC and ETH that this Whale accumulated at the peak in August to September this year have lost 26.348 million USD in less than four months, and the remaining 1,310 WBTC still has unrealized losses of 40.71 million USD.

WBTC-7.32%
ETH-7.49%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)