According to analyst Ash Analytics, a crypto whale purchased $263 million worth of crypto assets (1,560 WBTC and 18,517 ETH) in August 2025 at a high point in the market using a circular loan strategy. Due to the subsequent market decline, the investor has realized a $39.15 million loss. The investor bought WBTC at $116,762 per coin and ETH at $4,415 per coin, but was later forced to cut losses as prices dropped. The investor has already liquidated all ETH holdings (a $25.29 million loss) and sold part of the WBTC (a $13.86 million loss), and still holds 1,000 WBTC (approximately $96.81 million in value). After BTC recently broke above $97,000, the investor sold another 300 WBTC at $97,053 per coin, receiving 2.911 million USDT to repay loans.
Crypto Whale Sells 300 WBTC for 29.11M USDT to Repay Loan After Massive Losses
TechFlowShare
Summary
Whale activity saw a significant development as a crypto whale sold 300 WBTC at $97,053 each, receiving 29.11 million USDT to repay a loan. The whale had previously purchased 1,560 WBTC at $116,762 and 18,517 ETH at $4,415, but incurred losses of $39.15 million. All ETH had been liquidated, and a portion of the WBTC was sold, with 1,000 WBTC still held at a value of approximately $96.81 million. Whale movements continue to be a key indicator of market trends.
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