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"Cycle loan go long 1320 WBTC" Whale sold 465.4 WBTC and 2,686 ETH to repay and avoid liquidation.
On November 5th, according to on-chain analyst Yu Jin's monitoring, a Whale who went long 1,320 WBTC through a circular loan, with a total of 1.32 billion USD, has a lending position that is close to the liquidation line after today's fall. To avoid further declines leading to liquidation of the position, he sold 465.4 WBTC and 2,686 ETH for 56.52 million USD to repay the loan 2 hours ago. The average selling price for WBTC was 102,722 USD; the average selling price for ETH was 3,244 USD.