A cryptocurrency whale has sold 300 Wrapped Bitcoin (WBTC) to repay a leveraged loan, incurring a significant loss. The sale, conducted after Bitcoin's price exceeded $97,000, converted the WBTC into 29.11 million USDT. The whale had initially purchased 1,560 WBTC at $116,762 each in August 2025, totaling approximately $182 million, and 18,517 ETH at $4,415 each, totaling about $81.75 million.
Following a market downturn, the whale began liquidating assets in November, selling all ETH at $3,049 and realizing a $2.529 million loss. Additionally, 560 WBTC were sold at $92,015, resulting in a $1.386 million loss. The whale still holds 1,000 WBTC, valued at approximately $9.681 million, after realizing a total loss of $3.915 million from the recent WBTC sale.
Crypto Whale Sells 300 WBTC to Repay Loan, Incurs $39M Loss
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