[Whale Using Loop Loan to Long BTC Sells WBTC and ETH to Repay Loan] On-chain analysis shows that a whale who went long on 1,320 WBTC (approximately $132 million) through loop lending faced a position close to the liquidation line after today's market downturn. To reduce risk, the whale sold approximately 465.4 WBTC and 2,686 ETH two hours ago, exchanging them for about $56.52 million USDC to repay part of the loan. The average selling price of WBTC was approximately $102,722, and the average selling price of ETH was approximately $3,244.