A whale sold off some of its WBTC and liquidated its ETH holdings, incurring a loss of $26.348 million over four months.

According to on-chain analyst Ai Yi (@ai_9684xtpa), a whale "cleared out its ETH holdings and sold some WBTC." In the past 8 hours, it sold 250 WBTC ($21.17 million) at an average price of $84,710, incurring a loss of $7.948 million. Its ETH holdings were liquidated in batches between November 17th and November 21st, ultimately selling 17,497 ETH ($52.41 million) at an average price of $2,994.9. The previously established 13,316 ETH position suffered a loss of $18.4 million. The whale's WBTC and ETH accumulated at the peak in August and September of this year have lost $26.348 million in less than four months, with the remaining 1,310 WBTC still showing a floating loss of $40.71 million.