Data: The whale cycle loan bought WBTC and ETH at high levels, then sold 300 WBTC again to repay the loan, resulting in a total loss of approximately $39.15 million.

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CoinVoice has learned that, according to crypto analyst EmberCN, a whale who previously bought WBTC and ETH at high levels through a revolving loan strategy has sold another 300 WBTC after BTC broke through $97,000 today, converting approximately 29.11 million USDT to repay loans, with a selling price of about $97,053.

This whale has realized a loss of approximately $39.15 million due to “buy high, sell low” operations. Specifically, in August 2025, it bought 1,560 WBTC at about $116,762 each (worth approximately $182 million), and 18,517 ETH at about $4,415 each (worth about $81.75 million).

Subsequently, as the market declined, it gradually cut losses starting in November. Currently, all ETH has been fully liquidated at about $3,049 each, with a loss of approximately $25.29 million; WBTC has been sold at about $92,015 for 560 units, with a loss of approximately $13.86 million.

As of now, this address still holds about 1,000 WBTC, valued at approximately $96.81 million at current prices.

WBTC-0,32%
ETH0,68%
BTC-0,22%
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