PANews reported on November 14th that, according to PeckShieldAlert monitoring, after the price of Bitcoin fell below $100,000, a whale address (0xceef...ba42) had its long WBTC position on the decentralized lending protocol Compound liquidated. This address borrowed USDT and DAI by staking WBTC, ultimately resulting in the liquidation of a position worth $6.67 million.
After Bitcoin fell below $100,000, a whale on Compound had $6.67 million liquidated.
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Author: PA一线
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A whale sold off 742.8 WBTC, accumulated over a year, incurring a loss of approximately $14 million.
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