This whale (0x4ed0) who looped loans to buy $ETH and $WBTC has lost over $68M in just 3 months!

3 months ago, he bought 18,447 $ETH($81.5M) at $4,417 acg, and 1,560 $WBTC($182M) at $116,632 avg using leveraged loop borrowing.

Over the past 3 days, he sold all 18,518 $ETH($56.41M) at $3,046 avg to repay his debt — taking a loss of over $25M.

His 1,560 $WBTC is now worth $138.56M, with an unrealized loss of over $43M.

https://debank.com/profile/0x4ed0b41dff79e0e53a054903873899bc32abc853

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