A whale sold 15,444 ETH and 193.4 WBTC on the chain in exchange for 59.98 million USDC to repay loans and clear leverage
The on-chain analyst Yu Jin monitored that a whale sold 15,444 ETH and 193.4 WBTC on the chain to exchange for 59.98 million USDC to repay the loan and clear the leverage when the market fell last night. The whale sold 15,444 ETH for 47.84 million USDC at a selling price of $3,098, and sold 193.4 WBTC for 12.13 million USDC at a selling price of $62,742, repaying the 59.31 million USDC loan on Aave. Now the whale holds 16,082 ETH ($51.1 million) and 550 WBTC ($35.86 million) after completely removing the leverage.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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