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A whale who purchased 700 WBTC through a revolving loan four months ago cut loss and closed all positions, incurring a loss of up to 21.68 million dollars.
PANews, November 22 news, according to on-chain analyst Yu Jin's monitoring, due to the recent deep pullback of BTC, a Whale that purchased 700 WBTC through a revolving loan four months ago is approaching liquidation of his lending position. He cut loss and closed all positions today, with a loss amounting to 21.68 million USD.