PANews reported on November 19th that, according to Ember, a whale who used revolving loans to hoard WBTC and ETH sold a total of 9,516.8 ETH from yesterday to early this morning, netting 29.36 million USDT at an average price of $3,085. Its Aave debt decreased from $150 million to $121 million, and its position health ratio increased from 1.04 to 1.12. The address still holds 1,560 WBTC (approximately $144 million) and 9,000 ETH (approximately $28.04 million) as collateral. If BTC and ETH continue to fall, it may be forced to reduce its holdings further.PANews reported on November 19th that, according to Ember, a whale who used revolving loans to hoard WBTC and ETH sold a total of 9,516.8 ETH from yesterday to early this morning, netting 29.36 million USDT at an average price of $3,085. Its Aave debt decreased from $150 million to $121 million, and its position health ratio increased from 1.04 to 1.12. The address still holds 1,560 WBTC (approximately $144 million) and 9,000 ETH (approximately $28.04 million) as collateral. If BTC and ETH continue to fall, it may be forced to reduce its holdings further.
A massive Aave whale sold 9516.8 ETH to avoid liquidation, raising the health rate to 1.12.
PANews reported on November 19th that, according to Ember, a whale who used revolving loans to hoard WBTC and ETH sold a total of 9,516.8 ETH from yesterday to early this morning, netting 29.36 million USDT at an average price of $3,085. Its Aave debt decreased from $150 million to $121 million, and its position health ratio increased from 1.04 to 1.12. The address still holds 1,560 WBTC (approximately $144 million) and 9,000 ETH (approximately $28.04 million) as collateral. If BTC and ETH continue to fall, it may be forced to reduce its holdings further.
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