A certain address sold 63.71 WBTC and converted them into 3.98 million USDe and deposited them into Ethena

According to blockchain analyst @ai_9684xtpa, in the past three hours, address 0x486...1505e sold 63.71 WBTC at an average price of $62,768 and then exchanged them for 3.98 million USDe, which was deposited into Ethena. One month ago, they redeemed 3.85 million USDe to buy WBTC at a position price of $70,520, resulting in a loss of $420,000. Is this a case of "the more you do, the more mistakes you make"?