Whale Liquidates 742.8 WBTC, Losing $14.02M
余烬|3月 20, 2026 02:51
A BTC whale using leveraged loop loans has been forced to liquidate, realizing a $14.02M loss:
◎ Over the past year, he leveraged 742.8 WBTC by collateralizing WBTC to borrow USDC and buying more WBTC, with an average cost of around $89,137.
◎ Just an hour ago, he liquidated all 742.8 WBTC via FalconX at $70,266, withdrawing 29.75M USDC to fully repay his loan on Aave.
Wallet: https://intel.(arkm.com)/explorer/address/0xc9db4e8d3d940c16b800d433d168d2f651025642
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