[A Whale's $263 Million Position Nears Liquidation, with an Unrealized Loss of Approximately $65.49 Million] Odaily Planet Daily reports that, according to monitoring by crypto analyst Ember (@EmberCN), an address that accumulated a position of approximately $263 million in WBTC and ETH through a looping loan strategy three months ago is now nearing its liquidation threshold due to the continued market downturn. Four hours ago, the address sold 1,316.8 ETH, cashing out approximately 4.017 million USDT to repay loans and reduce liquidation risk. Currently, the address still has about $146 million in USDT loans on Aave, with a health factor of only 1.05. If BTC and ETH prices drop another 5%, the position will trigger liquidation. Based on its entry cost of $116,762 for WBTC and $4,415 for ETH, the current unrealized loss is approximately $65.49 million.