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A certain cycle of long WBTC whales sold 150 WBTC in the past 3 hours and repaid the loan.
On December 12th, according to on-chain analyst Ai Yi (@ai_9684xtpa), the whale who was looping and going long on WBTC has started to unwind leverage. Address 0x931…3c721 sold 150 BTC (worth $13.84 million) on-chain at an average price of $92,276 over the past 3 hours and repaid Aave loans, incurring a loss of $75,000; since April 2025, he bought 340.2 WBTC at $92,777.36 to go long (worth $31.56 million). Currently, he still has 225.07 WBTC collateralized and borrowed $8.74 million in Aave, with a health factor of 1.85.