Gate News Report, March 8 — According to Ember Monitoring, 1 hour ago, an address liquidated and cleared 115.6 WBTC on-chain, incurring a loss of $4.48 million. The cost basis of the WBTC for this address was $105,431, while the selling price today was $67,070. The sale of 115.6 WBTC was exchanged for 7.753 million DAI.

On-chain analyst Ember detected a whale selling 125.9 WBTC within 5 hours, netting $200,000 in profit. This individual increased their holdings from $8.1 million to $8.9 million through two transactions: first selling XAUt at a high of $5,315 for a $600,000 profit, then buying WBTC for $69,091, and finally selling for $70,736 to realize gains.

According to Ember Monitoring, on March 3rd, ETH price rebounded to around $2000. A major holder, already holding 120,000 ETH long positions, added 550 BTC long positions, with a total value of $277 million.