List of Flash News about leveraged borrowing
| Time | Details |
|---|---|
| 16:15 |
ETH, WBTC Whale 0x4ed0 Loses $68M in 3 Months: Sells 18,518 ETH at $3,046 to Repay Debt, Still Holds 1,560 WBTC
According to @lookonchain, address 0x4ed0 used leveraged loop borrowing to buy 18,447 ETH for 81.5M dollars at a 4,417 dollar average and 1,560 WBTC for 182M dollars at a 116,632 dollar average, source: @lookonchain. Over the past three days, the address sold 18,518 ETH for 56.41M dollars at a 3,046 dollar average to repay debt, realizing a loss of over 25M dollars, source: @lookonchain. The remaining 1,560 WBTC is valued at 138.56M dollars with an unrealized loss of over 43M dollars, putting total losses above 68M dollars in three months, source: @lookonchain. |