WBTC Whale Near Liquidation After Building $2.63B WBTC/ETH Position; Sells ETH to Repay USDT on Aave with Health Factor at 1.05

ETH

ETH/USDT

$2,065.36

-4.16%

$2,065.36

-4.16%

(24s)

24h Volume

$11,341,264,445.51

24h H/L

$2,157.00 / $2,050.12

Change: $106.88 (5.21%)

Long/Short

69.3%

Long: 69.3%Short: 30.7%

Funding Rate

-0.0036%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,066.20

▼ -0.90%

Volume (24h): -

Resistance Levels

Resistance 3$2,233.72

Resistance 2$2,166.33

Resistance 1$2,083.64

Price$2,066.20

Support 1$2,063.38

Support 2$1,916.14

Support 3$1,747.80

Pivot (PP):$2,081.18

Trend:Uptrend

RSI (14):46.9

According to EmberCN monitoring, a crypto whale that amassed a position valued at approximately $2.63 billion in WBTC and ETH via a flash loan three months ago now faces heightened liquidation risk. The liquidity provider indicated proactive steps to mitigate downside exposure as market liquidity shifts.

In a recent move, the entity converted 1,316.8 ETH into approximately 4.017 million USDT, targeting immediate loan repayment. Despite this, outstanding borrowing on Aave remains up to $146 million with a health factor around 1.05, underscoring fragile margin protection.

A further 5% retreat in BTC and ETH could press the position into liquidation territory. The vessel’s cost basis sits at $116,762 for WBTC and $4,415 for ETH, with unrealized losses pegged near $65.49 million, underscoring the risk/reward balance in high-leverage crypto exposures.