Data: After buying WBTC and ETH at a high position, the giant whale cycle loan sold 300 WBTC again to repay the loan, with a cumulative loss of approximately 39.15 million USD

According to cryptocurrency analyst Yu Jin @EmberCN, a whale that previously bought WBTC and ETH at high prices through a circular loan sold 300 WBTC today after BTC broke the $97,000 mark, exchanging it for approximately 29.11 million USDT to repay the loan, with a selling price of about $97,053.

This whale has accumulated a loss of approximately 39.15 million dollars due to "buying high and selling low" operations. Specifically, it bought 1,560 WBTC at a price of about $116,762 in August 2025 (worth approximately 182 million dollars) and purchased 18,517 ETH at a price of about $4,415 (worth approximately 81.75 million dollars).

Subsequently, as the market declined, it began to stop-loss from November onwards. Currently, all ETH has been liquidated at a price of about $3,049, resulting in a loss of approximately 25.29 million dollars; 560 WBTC have been sold at a price of about $92,015, incurring a loss of approximately 13.86 million dollars.

As of now, this address still holds about 1,000 WBTC, valued at approximately 96.81 million dollars at current prices.