A whale revolving loan investor bought WBTC and ETH at a high price and then sold 300 WBTC to repay the loan, accumulating a loss of approximately $39.15 million.

According to crypto analyst EmberCN, a whale that previously bought WBTC and ETH at high prices using a revolving loan strategy sold 300 WBTC today after BTC broke through $97,000, obtaining approximately 29.11 million USDT to repay the loan. The selling price was approximately $97,053. This whale has accumulated losses of approximately $39.15 million due to its "buy high, sell low" strategy. Specifically, in August 2025, it bought 1,560 WBTC at approximately $116,762 (worth approximately $182 million) and 18,517 ETH at approximately $4,415 (worth approximately $81.75 million). Subsequently, the market declined, and the holder began to implement stop-loss orders starting in November. Currently, all ETH has been sold at approximately $3049, resulting in a loss of approximately $25.29 million; 560 WBTC have been sold at approximately $92,015, resulting in a loss of approximately $13.86 million. As of now, the address still holds approximately 1000 WBTC, valued at approximately $96.81 million at the current price.