Deep Tide TechFlow News: On March 20, according to on-chain analyst Ember (@EmberCN), a whale address has been leveraging long positions over the past year by pledging WBTC to borrow USDC and then recycling the funds to buy WBTC again, accumulating a total of 742.8 WBTC with an average cost of about $89,137. Today, the whale liquidated the entire position through FalconX at a price of $70,266, withdrew 29.75 million USDC, and repaid the Aave loan. This operation resulted in a loss of approximately $14.02 million.

WBTC-0,22%
USDC0,01%
AAVE-2,45%
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