Giant Whale loses $21.68 million due to BTC pullback, clears 700 WBTCs
AiCoin|Nov 22, 2025 13:46
On chain monitoring shows that a giant whale is nearing liquidation of its lending position due to the recent deep correction of BTC. Today, it cleared 700 WBTCs with a loss of 21.68 million US dollars. The whale borrowed USDT leverage from Aave from May to July to purchase 700 WBTCs, valued at $81.62 million at the time, with an average price of $116603; After BTC recently fell back to $80000, he transferred all 700 WBTCs to Binance at a price of $85628 and withdrew USDT for repayment. (Ashes)
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