PANews reported on November 1 that according to the monitoring of on-chain analyst @ai_9684xtpa, a whale address that has longed the ETH/BTC exchange rate has sold 3,987 WETH (about 10.05 million US dollars) at an average price of 2,519 US dollars in the past 4 hours to exchange for WBTC to repay Aave loans, completely clearing out the position and ending a year-long "long exchange rate operation". Since 2024, the address has accumulated losses of more than 22.45 million US dollars due to long exchange rates.
A whale ended its long-term long position on ETH/BTC exchange rate, with a cumulative loss of more than $22.45 million this year
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Author: PA一线
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A whale closed out its long position of 20,000 ETH opened two days ago, making a profit of $850,000.
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