A certain whale sold 76.6 WBTC and 2,265 ETH on the chain in exchange for 13.19 million USDT, making a profit of 6.98 million USD
According to on-chain analyst Yu Jin, an hour and a half ago, a whale sold 76.6 WBTC and 2,265 ETH on the chain for 13.19 million USDT, ending his leveraged long position in WBTC and ETH since July last year with a profit of $6.98 million. He borrowed from Aave by collateralizing 5,545 ETH to buy 3,826.5 ETH at $2,482 each; he also bought 134.2 WBTC at $46,851 each. Today he repaid his loan on Aave by selling some of his WBTC and ETH holdings; this round of investment yielded him profits of $6.98 million (879 ETH+57.5 WBTC). The value of the original collateralized loan amounting to 5,545ETH has also appreciated by $8.27 million (+70%) compared to last year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Pons: $20.93 million has been paid to token creators over the past 47 days
XRP’s Crazy August Is Almost Over – September Could Be Even Bigger
Crude oil is "coming back", but refined oil is "not coming back"; the global refining gap is widening.
According to Goldman Sachs, global refined oil exports have declined by about 6 million barrels per day year-on-year, with the Gulf region and Russia contributing three-quarters of the decrease. Unlike crude oil, which can be rerouted, damaged refineries cannot be relocated, and the Gulf region's refined oil exports have only recovered to 40% of pre-war levels. Goldman Sachs expects global refinery utilization rates to recover only by the second half of 2027; based on this, it has more than doubled its forecast for diesel profit margins in 2027.
Data: Detected an outflow of 35.11 million USDT from a certain exchange
Crypto prices
More
