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[Over $80 Million WBTC Address Engaged in Looping Long Positions Reduces Holdings for the First Time in 6 Months] On-chain analysis shows that an address looping long positions of over $80 million WBTC through Aave has reduced its holdings for the first time in 6 months. Between May and July 2025, the address cumulatively withdrew 700.19 WBTC (approximately $81.63 million) from Binance, with an average long position price of $116,593. Three hours ago, the address transferred 150 WBTC to Binance for the first time, which, if sold, would result in a loss of $3.734 million. Currently, the address still has 550.2 WBTC collateralized on Aave, borrowing $28.09 million in stablecoins, with a health factor of 1.4. If the price of WBTC drops to $65,436, liquidation will be triggered.

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