A certain DeFi whale has once again "harvested" 300 WBTC to repay a loan, incurring a loss of over $39 million.

By: theblockbeats.news|2026/03/29 21:27:33
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BlockBeats News, January 15th, according to EmberCN's monitoring, "[Whale who used a loop loan to buy $2.63 billion worth of WBTC and ETH at a high price], after Bitcoin broke through $97,000 today, sold 300 WBTC to repay the loan with 29.11 million USDT, selling at a price of $97,053."

Due to buying at a high price and selling at a low price, he has realized a loss of $39.15 million:

  • · In August 25th, he bought 1,560 WBTC at a price of $116,762 (worth about $182 million) and 18,517 ETH at a price of $4,415 (worth about $81.75 million).
  • · As the market declined, he started selling off from November. Currently, he has liquidated all ETH at a price of $3,049, realizing a $25.29 million loss; he has sold 560 WBTC at a price of $92,015, realizing a $13.86 million loss.
  • · He still holds 1,000 WBTC (worth about $96.81 million).

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