Sale To Value Loans UK Celsius

Hello, how does Koinly evaluate UK Sale to Value loans from Celsius.
Essentially is a sale a repurchase agreement. I sale at 25% of the value essentially creating a loss which is not taxable?
but what happen if you purchase BTC at 1K in 2015? even if you sale it at 25% less of its current value will always result into a profit and so taxable ?
is very confusing… any help?

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