Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

A certain Whale's $263 million Holdings are on the verge of liquidation, with unrealized losses reaching $65.49 million.

robot
Abstract generation in progress

On November 18, according to EmberCN monitoring, a Whale that accumulated $263 million worth of WBTC and ETH through circular lending three months ago is on the verge of liquidation. This Whale has started to Cut Loss and reduce position to lower the liquidation price, selling 1,316.8 ETH for 4.017 million USDT for repayment four hours ago. It currently has up to $146 million in USDT loans on Aave, with a position health rate of only 1.05. If BTC and ETH fall another 5%, its position will be subject to liquidation. The cost price for this Whale is $116,762 for WBTC and $4,415 for ETH, with unrealized losses reaching as high as $65.49 million.

WBTC-5.58%
ETH-6.75%
BTC-5.97%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)