A whale who accumulated WBTC and ETH at high prices sold 9,516.8 ETH for 29.36 million USDT to repay a loan.
According to a report by Jinse Finance, on-chain analyst Yujin has monitored that the whale who accumulated large amounts of WBTC and ETH at high prices through cyclic lending has, from yesterday to early this morning, successively sold off 9,516.8 ETH for 29.36 million USDT to repay loans, with an average selling price of $3,085. His debt on Aave has decreased from $150 million to $121 million, and the health factor of his position, which was on the verge of liquidation, has improved from 1.04 to 1.12, temporarily escaping the "ICU." As for collateral, he still holds 1,560 WBTC ($144 million) and 9,000 ETH ($28.04 million).
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