[Whale holds 132M WBTC through loop loans, sells assets to avoid liquidation risk] A whale who went long on 1,320 WBTC ($132M) through loop loans saw their borrowing position approach the liquidation line after today's drop. To avoid further declines leading to liquidation, they sold 465.4 WBTC and 2,686 ETH 2 hours ago, converting them into $56.52M USDT for repayment. WBTC average sell price: $102,722; ETH average sell price: $3,244. Address: https://(debank.com)/profile/0xc79b6416bd17446f930d32a7b78cf60d35a12be7 ------------------------------------------------------------ ｜Save the most on fees, grab the best rewards, become a VIP on Bitget!