A whale sold 10828.5 ETH to repay his loan on Aave in order to unload leverage

PANews reported on February 8 that according to monitoring by on-chain analyst Ember, the whale nemorino.eth sold 10,828.5 ETH in the past three hours to repay his loan on Aave in order to unload leverage.

He sold 10,828.5 ETH in exchange for 28 million USDC to repay the loan, with an average selling price of $2,586.

After paying off all his loans, he now holds 8,833.4 ETH ($23.26 million). Whales generally unload leverage when they believe that prices will continue to fall.

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Author: PA一线

This content is for market information only and is not investment advice.

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