💥 Gate Square Event: #PTB Creative Contest# 💥
Post original content related to PTB, CandyDrop #77, or Launchpool on Gate Square for a chance to share 5,000 PTB rewards!
CandyDrop x PTB 👉 https://www.gate.com/zh/announcements/article/46922
PTB Launchpool is live 👉 https://www.gate.com/zh/announcements/article/46934
📅 Event Period: Sep 10, 2025 04:00 UTC – Sep 14, 2025 16:00 UTC
📌 How to Participate:
Post original content related to PTB, CandyDrop, or Launchpool
Minimum 80 words
Add hashtag: #PTB Creative Contest#
Include CandyDrop or Launchpool participation screenshot
🏆 Rewards:
🥇 1st
Last year, a Whale/institution accumulated 1495 WBTC through circular loans and has recently been selling WBTC to take profit.
Gate News bot message, according to on-chain analyst Yu Jin's monitoring, during the period from July to November 2024, a Whale/institution accumulated 1,495 WBTC through circular lending and has recently been selling WBTC to take profit. This Whale/institution currently has a total profit of 49.75 million USD on WBTC: the sold portion has realized profits of 19.17 million USD, and the unsold portion has unrealized gains of 30.58 million USD.
The Whale/institution purchased 1,495 WBTC at an average price of $69,162 using a revolving loan in the second half of last year, and then started to gradually transfer batches of WBTC to Binance for sale and withdraw USDC for repayment from March this year. So far, they have sold 723 WBTC for 69.17 million USDC and repaid the loan, with an average selling price of $95,678. They still hold 753.8 WBTC (82.6 million dollars).