An address on the chain liquidated 115.6 WBTC, resulting in a loss of 4.48 million dollars

According to on-chain analyst Yu Jin's monitoring, a certain address liquidated 115.6 WBTC on-chain, incurring a loss of 4.48 million dollars. The cost price was 105,431 dollars, while the selling price was 67,070 dollars: 115.6 WBTC was sold for 7.753 million DAI.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.