The high-win ETH band whale borrowed 220 WBTC 9 hours ago and sold them for 22.52 million USDT

avatar
ODAILY
12-16
This article is machine translated
Show original
Odaily reported that according to on-chain analyst Yu Jing, a high-probability ETH whale who sold ETH for USDT a few days ago has deposited the USDT into Aave as collateral, and then borrowed 220 WBTC and sold them on-chain at an average price of $102,366, converting them to 22.52 million USDT. Based on the current BTC price of $105,200, their short position has already incurred an unrealized loss of $620,000.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments