A certain Whale missed out on a profit of 10 million USD and shorted BTC with a loss of 2.47 million USD, and then spent 43.36 million USDT to buy ETH, currently facing unrealized losses of 1.66 million USD.

2025-05-31 02:23:51

Abstract generation in progress

BlockBeats News, on May 31, according to on-chain analyst Ember monitoring, a giant whale bought BTC at a price of $85,751 at the end of March, and if it gets it now, it will be a profit of more than $10 million. But in mid-April he cut the meat for $84,426, and a few days later BTC rose to $110,000. He also borrowed 124 WBTC after selling out of the spot and made a short sale at $84,558. The short-sold 124 WBTC was repaid at $104,444 10 hours ago, with a loss of $2.47 million. After the repayment was settled, he bought 16,638 ETH with 43.36 million USDT, with an average purchase price of $2,606. The current ETH price is already $100 below his purchase price. Another $1.66 million in floating losses.

BTC-2.2%

ETH-6.18%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.