According to Odaily Odaily, on-chain analyst Ai Yi (@ai_9684xtpa) reported that a whale "cleared out its ETH holdings and sold some WBTC". In the past 8 hours, it sold 250 WBTC ($21.17 million) at an average price of $84,710, resulting in a loss of $7.948 million.
His ETH holdings were liquidated in batches between November 17 and November 21, and he finally sold 17,497 ETH ($52.41 million) at an average price of $2,994.9. The 13,316 ETH he had previously established resulted in a loss of $18.4 million.
The whale's WBTC and ETH, which it accumulated at the peak in August and September of this year, lost $26.348 million in less than four months, and the remaining 1,310 WBTC are still showing a floating loss of $40.71 million.
