BlockBeats News, November 5th, according to on-chain analyst Yu Jin monitoring, a whale that went long 1,320 WBTC ($132 million) through a leveraged loan had their borrowing position close to the liquidation line after today’s drop. To avoid being liquidated due to further decline, they sold 465.4 WBTC and 2,686 ETH 2 hours ago, converting them into $56.52 million for repayment.
WBTC sold at an average price of $102,722; ETH sold at an average price of $3,244.
