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A certain Whale, in order to avoid liquidation, cut loss and dumped 18,517 ETH, incurring a loss of 25.29 million USD.

[A certain Whale sold off 18,517 ETH to avoid being liquidated, incurring a loss of 25.29 million USD] According to on-chain analyst Yu Jin's monitoring, a whale who had hoarded WBTC and ETH at high prices through circular lending sold off 18,517 ETH within two days to avoid being liquidated, worth approximately 56.45 million USD, realizing a loss of 25.29 million USD. The Whale, after closing all positions in ETH, still holds 1,560 WBTC, with a cost price of $116,762, currently facing a floating loss of $41.12 million.

ETH-3.54%
WBTC-2.65%
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