Data: A certain whale in the circular loan market continues to reduce its holdings by 350 WBTC, incurring a loss of 10.16 million USD

According to Ember Monitoring, a certain whale that has been hoarding WBTC and ETH through a revolving loan method is gradually reducing its holdings of WBTC after selling 18,517 ETH at a loss of 25.29 million dollars.

In the past week, it sold 350 WBTC at an average price of 87,732 dollars, exchanging them for 30.7 million USDT, with an average cost price of 116,762 dollars, resulting in a loss of 10.16 million dollars on the sold WBTC.

The whale still holds 1,210 WBTC, which has an unrealized loss of 30.9 million dollars.