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"The address for going long on over 80 million USD WBTC" has reduced its position for the first time in 6 months, transferring 150 WBTC to CEX 3 hours ago.

On November 20, according to on-chain analyst Ai Yi (@ai_9684xtpa), an address that had been go long over 80 million USD in WBTC through Aave loops has started to reduce position, marking its first reduction in six months. Between May and July 2025, he withdrew a total of 700.19 WBTC (approximately 81.63 million USD) from CEX, with an average go long price of 116,593 USD; three hours ago, he made his first deposit of 150 coins to CEX, which, if sold, would result in a loss of 3.734 million USD. Currently, he is still using 550.2 WBTC as collateral on Aave to borrow 28.09 million USD in stablecoin, with a health factor of 1.4. If it falls to 65,436 USD, it will trigger liquidation.

WBTC-2.44%
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