Gate News bot message, according to Onchain Lens, the whale “0xfb7” has closed a $BTC long position at a loss of $3.7M. The whale withdrew all funds and deposited $31.7M $USDC into CEX, subsequently purchasing 10,000 $ETH. The acquired ETH was later converted into $stETH and transferred to another wallet. This wallet currently holds 40,060 $stETH worth $126.48M. Onchain Lens reported on January 8, 2026, that the whale “0xfb7” had opened a $BTC long position with 20x leverage before closing it with a total loss of $3.77M.
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