Gate News message. On April 8, according to on-chain analyst Yu Jin’s monitoring, a DeFi whale repaid a 4.14 million DAI loan on Spark about 9 hours before an Israel-Iran ceasefire proposal was agreed upon, then retrieved 264.4 WBTC worth of collateral and transferred it to a certain CEX to sell at a price of about $67,990 per WBTC, for a total value of approximately $17.98 million. Six hours later, the Israel-Iran ceasefire proposal was agreed upon; as a result, the BTC price rose 5%, causing the whale to miss out on about $1 million in potential gains.

Gate News message, April 3, according to Gate market data, as of the time of writing, YB (Yield Basis) is trading at $0.1398. Within the past 24 hours, it has risen 40.20%, with a high of $0.1486 and a low of $0.09923. The total 24-hour trading volume reached $1.2116 million. The current market cap is approximately $12.2908 million. Yield Basis is a DeFi protocol that uses leveraged liquidity and Curve’s crvUSD to increase the returns of BTC and ETH holders, while also aiming to eliminate impermanent loss. The protocol’s total value locked (TVL) currently stands at $170.44 million. It supports multiple markets, including cbBTC, tBTC, WBTC, and WETH,

Gate News message, April 1, the DeFi protocol Spark announced that its lending platform SparkLend has added support for wBTC (Wrapped Bitcoin, a tokenized form of Bitcoin on Ethereum) as collateral. Users can now use wBTC to borrow and lend on the SparkLend platform.

Babylon announced that the market demand for Wrapped BTC and cbBTC has been validated, with the total value now exceeding $14 billion. The lending demand on the Aave platform has grown significantly, and BTC holders are increasingly interested in on-chain financial services. Trustless Bitcoin vaults will simplify the lending process, strengthen the decentralized nature of native BTC, and promote the development of the DeFi ecosystem.

Gate News report: On March 21, according to Arkham monitoring, Ethereum OG address thomasg.eth is re-entering the market. The address previously held approximately $538 million worth of ETH, WBTC, and DAI at the 2021 bull market peak. Latest data shows that the address accumulated purchases of approximately $19.5 million worth of ETH this week, with the latest single purchase amounting to approximately $3 million.

On March 20, on-chain data showed that a whale suffered a loss of $14.02 million from going long on BTC and liquidated 742.8 WBTC at a cost of approximately $89,137, now selling at $70,266 to repay Aave borrowings.

Gate News Report, March 12 — According to Gate market data, as of press time, ACX (Across Protocol) is trading at $0.06, up 83.37% in the past 24 hours, reaching a high of $0.07 and a low of $0.03. The 24-hour trading volume is $153 million. The current market cap is approximately $43.1 million, an increase of $19.6 million from yesterday. Across Protocol is a fast, low-cost, secure cross-chain bridging protocol supporting cross-chain transfers of ETH, WBTC, USDC, and USDT. The protocol adopts a new cross-chain intent paradigm, enabling seamless connection between users and applications through user outcomes rather than explicit execution steps. Across operates on a modular three-layer system: quote request mechanism, competitive relay

A certain smart money address sold 5,250.1 XAUT tokens at an average price of $5,131 within 11 hours, earning a profit of $4.845 million. Additionally, the address transferred in 559.74 PAXG and 16.717 WBTC, totaling $4.01 million. Previously, they made significant profits through shorting and bottom-fishing BTC and ETH.

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.

Gate News Report, March 6 — According to on-chain analyst Yu Jin's monitoring, a whale address sold 125.9 WBTC (worth $8.9 million) that it bought 3 days ago, 5 hours ago. This transaction yielded a profit of $200,000. Recently, the whale increased its holdings from $8.1 million to $8.9 million through two transactions, with a total profit of $800,000.