TechFlow news, November 21 — According to on-chain analyst Ai Yi (@ai 9684xtpa), a whale has "cleared ETH holdings and sold part of WBTC." Over the past 8 hours, this address sold 250 WBTC at an average price of $84,710 (worth $21.17 million), incurring a loss of $7.948 million.
The whale's ETH position was gradually liquidated between November 17 and November 21, ultimately selling 17,497 ETH at an average price of $2,994.9 (worth $52.41 million). The initial purchase of 13,316 ETH resulted in a loss of $18.4 million.
This whale accumulated WBTC and ETH at peak prices during August and September this year, suffering a total loss of $26.348 million in less than four months. The remaining 1,310 WBTC are still down by $40.71 million on paper.
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