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A whale sold 76.6 WBTC and 2,265 ETH for 13.19 million USDT on the chain, earning $6.98 million

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2024-06-17 04:01:57
According to on-chain analyst Ember Monitoring, an hour and a half ago, a whale sold 76.6 WBTC and 2,265 ETH for 13.19 million U on the chain, ending his leverage to go long on WBTC and ETH since last July, achieving a gain of $6.98M.
He borrowed from Aave by mortgaging 5,545 ETH to buy 3,826.5 ETH at $2,482 and 134.2 WBTC at $46,851.
Today, he paid off his debt on Aave by selling some of his WBTC and ETH, generating a gain of $6.98M (879 ETH + 57.5 WBTC).
The 5,545 ETH he used for mortgages has also appreciated by $8.27M (+ 70%) compared to last year.
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