A certain whale has ended its long-term long ETH/BTC exchange rate operation, with a cumulative loss of over 22.45 million US dollars since the beginning of this year

According to on chain analyst @ ai_9684xtpa monitoring, a giant 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 US dollars due to long exchange rates.