The whale address starting with 0x692 is currently long on WBTC, having accumulated a value of 53.75 million USD in WBTC over the past two months

According to on-chain data analyst @ai_9684xtpa, a whale address starting with 0x692 may be going long on WBTC. This address increased its holdings by 124 WBTC an hour ago, worth $7.37 million; over the past two months, it has accumulated a total value of $53.75 million in WBTC at an average price of $63,513 and is still in a loss position. Currently, these 846.4 tokens have all been deposited into Aave as collateral and borrowed 17.46 million USDT for recycling purchases of WBTC with a health factor of 2.32.