A whale address that has been long on the ETH/BTC exchange rate for one year cleared its position and cut meat during the decline this morning, losing $22.45 million

According to BlockBeats, on November 1st, according to on chain data analyst @ ai_9684xtpa monitoring, a whale address that has long been long on the ETH/BTC exchange rate sold 3987 WETH (approximately $10.05 million) at an average price of $2519 in the past 4 hours to exchange for WBTC to repay Aave's loan, completely clearing its inventory and cutting meat, ending a year long "long exchange rate operation". Since 2024, the address has accumulated losses of over $22.45 million due to long positions in exchange rates. Previously, it chose to use flash loans to resist liquidation.