「Whale Using Flash Loans to Accrue High WBTC and ETH Holdings in a Leveraged Manner」 Liquidates 18,517 ETH in the Past Two Days to Avoid Liquidation

BlockBeats News, November 20th, according to on-chain analyst Wu Jinyu's monitoring, the "Whale Accumulating WBTC and ETH through a Leveraged Loan Approach" to avoid liquidation, has forcefully sold 18,517 ETH (worth $56.45 million) in the past two days, realizing a loss of $25.29 million.

After the ETH liquidation, the remaining 1,560 WBTC is also facing a significant unrealized loss: with a cost price of $116,762, resulting in a $41.12 million loss.