A whale sold 725.8 WBTC in half a month to complete deleveraging

According to Jinse Finance, Ember monitoring shows that a whale who previously used loop lending to go long on 1.320 WBTC has sold 175 WBTC in the past 5 hours, exchanging them for 16,180 USDC to complete a deleveraging operation. On November 5, when BTC dropped to the $100,000 mark, this whale's position was close to the liquidation line and subsequently began reducing their position to avoid liquidation. Within half a month, the whale sold a total of 725.8 WBTC, exchanging them for 71,810 USDC for repayment, with an average selling price of $98,939. The whale currently still holds 618.2 WBTC (approximately $57 million).