Four hours ago, a major whale reduced its long positions in ETH and WBTC and used 12.03 million USDT to repay a loan.

CoinFeed reported on March 4th that, according to on-chain analyst Ember, a whale reduced its leveraged long position four hours ago: selling 3809 ETH at $1967 ($7.49 million) and 67.1 WBTC at $67692 ($4.54 million). It then used the 12.03 million USDT to repay its leveraged loan on a lending platform.