A major whale in the lending loop liquidated 700 WBTC at a loss of $21.68 million
BlockBeats News, November 22, according to Ember monitoring, as bitcoin recently experienced a deep correction, a whale who purchased 700 WBTC through a looping loan four months ago saw their lending position approach liquidation. Today, the whale has capitulated and closed out the position, incurring a loss as high as $21.68 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
This week, the cumulative net outflow from US spot Ethereum ETFs reached $500.2 millions.
The United States and Ukraine will hold talks in Switzerland
Banmuxia: The probability of $80,500 serving as the recent bottom for BTC is significantly increasing
Trending news
MoreCrypto prices
More
