A whale address that has been long on the ETH/BTC exchange rate for a year liquidated this morning during the decline, resulting in a loss of 22.45 million USD

BlockBeats news, on November 1, according to on-chain data analyst @ai_9684xtpa's monitoring, a whale address that has been long on the ETH/BTC exchange rate sold 3,987 WETH (approximately 10.05 million USD) at an average price of 2,519 USD in the past 4 hours to convert to WBTC to repay Aave loans, completely liquidating and ending a year-long 'long position operation'.

Since 2024, this address has accumulated losses of over 22.45 million USD due to long positions on the exchange rate, having previously chosen to resist liquidation through flash loans.