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TechFlow news, November 20: According to on-chain analyst EmberCN (@EmberCN), a whale who had accumulated WBTC and ETH at high prices using flash loans avoided liquidation by selling off 18,517 ETH worth approximately $56.45 million over two days, realizing a loss of $25.29 million.
After liquidating the ETH position, the whale still holds 1,560 WBTC at an average cost of $116,762 per coin, currently facing an unrealized loss of $41.12 million.
According to on-chain analyst EmberCN (@EmberCN), a whale who had accumulated WBTC and ETH at high prices via flash loans avoided liquidation by selling off 18,517 ETH worth approximately $56.45 million over two days, realizing a loss of $25.29 million. After the ETH liquidation, the whale still holds 1,560 WBTC at an average cost of $116,762 per coin, currently facing an unrealized loss of $41.12 million.
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