Lookonchain (@lookonchain): This whale (0x4ed0) who looped loans to buy $ETH and $WBTC has lost over $68M in just 3 months!
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
This whale (0x4ed0) who looped loans to buy $ETH and $WBTC has lost over $68M in just 3 months! 3 months ago, he bought 18,447 $ETH($81.5M) at $4,417 acg, and 1,560 $WBTC($182M) at $116,632 avg using leveraged loop borrowing. Over the past 3 days, he sold all 18,518 $ETH($56.41M) at $3,046 avg to repay his debt — taking a loss of over $25M. His 1,560 $WBTC is now worth $138.56M, with an unrealized loss of over $43M. https://t.co/WqdrzTdG6P