Whale Sells 300 WBTC to Repay Debts, Accumulates Nearly $39.15M in Losses

Whale's Debt Repayment Strategy

According to monitoring data, a major crypto holder recently sold 300 WBTC tokens to repay debts incurred from leveraged purchases made earlier. This transaction took place as BTC briefly surpassed $97,000, with WBTC sold at an average price of $97,053, yielding approximately $29.11M in USDT.

Investment Moves and Loss Analysis

The whale purchased 1,560 WBTC at $116,762 each in August 2025, totaling about $182M, and also bought 18,517 ETH at $4,415 each, totaling about $81.75M.

However, with market prices declining, the whale began selling assets to cut losses starting November. It has now completely exited its ETH position at an average price of $3,049, realizing approximately $25.29M in losses, while selling 560 WBTC at an average price of $92,015, resulting in an additional $13.86M loss.

Current Asset Position

• Approximately 1,000 WBTC remaining
• Current WBTC holdings valued at $96.81M

Despite various efforts to mitigate financial risks, the whale's investment approach clearly suffered significantly in the volatile market environment.