A cryptocurrency whale has sold 400 Wrapped Bitcoin (WBTC) for $34.67 million USDT at a price of $86,694 per WBTC to repay a leveraged loan, according to on-chain analyst Yujin. This transaction follows a significant drop in Bitcoin's price to $86,000. The whale, who initially purchased $263 million worth of WBTC and ETH using leveraged loans, has incurred a total loss of $51.17 million due to adverse market movements. The whale's previous transactions included the purchase of 18,517 ETH at $4,415 each, which were fully liquidated at an average price of $3,049, resulting in a $25.29 million loss. Additionally, 1,560 WBTC were bought at $116,762 each, with 960 WBTC sold at an average price of $89,798, leading to a $25.88 million loss.