The Fake News about SEC approving Bitcoin ETF spread by Cointelegraph today caused many victims due to too much FOMO.
One of them was this whale, he was lured by the fake news then he bought 20.5 WBTC around 613,201 $USDC , but after confirmation that the news spread by Cointelegraph was fake then the whale sold 20.5 WBTC whose value fell to 563,970 $USDC .
If calculated, the Whale suffered a loss of 49,231 $USDC and this loss only occurred within a period of 10 minutes.