The whale address that previously held a long position in the ETH/BTC exchange rate has reduced its position multiple times in the past 40 minutes.
According to on-chain data analyst @ai_9684xtpa, on January 9th, the whale address that previously went long on the ETH/BTC exchange rate reduced its position multiple times in the past 40 minutes. The address cycled through five operations by "redeeming margin > selling to repay the loan," accumulating 615.45 WETH and exchanging it for 30.5 WBTC, which was then repaid to Aave. Each time the margin was withdrawn, it further squeezed the health of the address, and without external intervention, only small operations could be conducted. Currently, the health score is still only 1.01, with extremely high risk.