According to Lookonchain monitoring, a whale spent $613,201 of USDC to purchase 20.5 WBTC and quickly sold them for $563,970 of USDC after confirming fake news, losing $49,231 in just 10 minutes.
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A whale spent US$610,000 to buy 20.5 WBTC and then sold it after confirming the fake news, resulting in a loss of US$49,000.
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