Odaily Planet Daily reports that according to crypto analyst Ember@EmberCN monitoring, the whale who previously bought WBTC and ETH at high levels through a revolving credit method has sold another 300 WBTC after BTC broke through $97,000 today, converting approximately 29.11 million USDT to repay the loan, with a selling price of about $97,053.
This whale has realized a total loss of approximately $39.15 million due to “buy high, sell low” operations. Specifically, in August 2025, it bought 1,560 WBTC at about $116,762 each (worth approximately $182 million), and 18,517 ETH at about $4,415 each (worth about $81.75 million). Subsequently, as the market declined, it gradually cut losses starting in November. Currently, all ETH has been fully liquidated at about $3,049 each, with a loss of approximately $25.29 million; WBTC has been sold at about $92,015 each for 560 units, with a loss of about $13.86 million.
As of now, this address still holds about 1,000 WBTC, valued at approximately $96.81 million at current prices.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
BNP Paribas Launches Six BTC, ETH ETNs for French Retail Clients
BNP Paribas is expanding its investment lineup in France by launching six crypto-linked exchange-traded notes (ETNs) that track the prices of Bitcoin and Ether. The regulated notes will be available to retail clients from Monday through standard securities accounts and Hello bank!, the group’s
CryptoBreaking23m ago
Bitcoin’s Structural Limits May Open Door for Ethereum Growth, Analyst Says
_Bitcoin’s structural constraints may slow adaptation, while Ethereum’s model supports stronger long-term positioning._
Bitcoin faces structural friction that could gradually tilt long-run incentives toward Ethereum, according to market commentator John Galt. He argues that Bitcoin’s upgrade model,
LiveBTCNews47m ago
Analyst: The key resistance levels for ETH are at $2029 and $2079.
Gate News reports that on March 29, analyst Ali Charts stated that Ethereum's current key resistance levels are at $2029 and $2079; the support levels below are at $1881, $1584, and $1238.
GateNews1h ago
