A whale on the blockchain sold 15,444 ETH and 193.4 WBTC in exchange for 59.98 million USDC to repay loans and clear leverage
According to on-chain analyst Yu Jin, a whale sold 15,444 ETH and 193.4 WBTC for 59.98 million USDC to repay loans and clear leverage during last night's market downturn; selling 15,444 ETH for 47.84 million USDC at a price of $3,098 per ETH, and selling 193.4 WBTC for 12.13 million USDC at a price of $62,742 per WBTC to repay the loan of 59.31 million USDC on Aave platform. Now after completely unloading his leverage he holds16,082 ETH (worth $51.1 million) and550 WBTC (worth $35.86 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
Analysis: Bitcoin Poised to Reach $125,000 Based on Short-Term Holder Cost Basis
U.S. Spot Ethereum ETFs Saw Net Inflow of $6.22 Million Yesterday
Solana Ecosystem Advisor Nikita Bier Joins X as Head of Product
Data: Bitcoin rose 31.41% in the second quarter
Trending news
MoreCrypto prices
More
