The address "Aave, which has been holding over $80 million worth of WBTC in a cyclical long position," reduced its holdings for the first time in six months, transferring 150 WBTC to Binance.

According to Odaily Planet Daily, a blockchain analyst named Ai Yi has begun unleveraging an address that held over $80 million worth of WBTC long positions through Aave, marking its first reduction in holdings in six months. Between May and July 2025, it withdrew a total of 700.19 WBTC (approximately $81.63 million) from Binance, with an average long price of $116,593. Three hours ago, it deposited 150 WBTC into Binance for the first time; selling this would result in a loss of $3.734 million. Currently, it still has 550.2 WBTC pledged on Aave to borrow $28.09 million worth of stablecoins, with a health score of 1.4. A drop to $65,436 would trigger liquidation.