A whale sold 76.6 WBTC and 2,265 ETH on the chain for 13.19 million USDT, making a profit of $6.98 million
As monitored by on-chain analyst Yu Jin, an hour and a half ago, a whale sold 76.6 WBTC and 2,265 ETH on the chain in exchange for 13.19 million U, ending his leveraged long position on WBTC and ETH since July last year, realizing a profit of $6.98M.
He borrowed 5,545 ETH from Aave by collateralizing it to buy 3,826.5 ETH at a price of $2,482 and 134.2 WBTC at a price of $46,851.
Today, he cleared his loan on Aave by selling some of his WBTC and ETH, and the profit from this investment round was $6.98M (879 ETH + 57.5 WBTC).
The 5,545 ETH he used as collateral for the loan has also appreciated by $8.27M (+70%) compared to last year.
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.
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