Data: A certain whale sold 400 WBTC at a loss to repay debts, having incurred a loss of 51.17 million dollars due to buying high and selling low

According to on-chain analyst Yu Jin's monitoring, a whale that bought $263 million worth of WBTC and ETH at a high price using a revolving loan continued to sell at a loss after BTC dropped to $86,000, selling 400 WBTC for 34.67 million USDT to repay, with a selling price of $86,694. He has realized a massive loss of $51.17 million due to buying high and selling low:

18,517 ETH (worth $81.75 million) bought at a price of $4,415 has been completely liquidated at an average price of $3,049, realizing a loss of $25.29 million;

1,560 WBTC (worth $182 million) bought at a price of $116,762 has been sold at an average price of $89,798 for 960 units, realizing a loss of $25.88 million.