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Data: A certain circular loan giant liquidated 700 WBTC, incurring a loss of 21.68 million USD

2025-11-22 21:49:58

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According to on-chain analyst Yu Jin's monitoring, as Bitcoin has recently undergone a deep correction, a whale that purchased 700 WBTC through a circular loan four months ago is nearing liquidation. Today, they have cut their losses and closed their position, with a loss amounting to 21.68 million dollars.

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BTC WBTC liquidation whale revolving loan on-chain tracking

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