The whale who has been looping long on WBTC has started to deleverage, selling 150 BTC and repaying Aave loans within 3 hours.
According to Jinse Finance, on-chain analyst @ai_9684xtpa has monitored that the whale who has been repeatedly longing WBTC is starting to deleverage. Address 0x931…3c721 sold 150 BTC (worth $13.84 million) on-chain at an average price of $92,276 in the past 3 hours and repaid an Aave loan, incurring a loss of $75,000 on this portion. Since April 2025, he has started longing by purchasing 340.2 WBTC at $92,777.36 each (totaling $31.56 million). Currently, there are still 225.07 WBTC collateralized in Aave with a loan of $8.74 million, and a health factor of 1.85.
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