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.
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