X @Lookonchain

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 ...