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A whale sold 3886 ETH for 173.3 WBTC to repay the loan
2024-05-16 14:46
Odaily News According to on-chain analyst Ember, the ETH/BTC exchange rate fell to 0.0449. The long position of the ETH/BTC exchange rate of the 0x1111 address has reached the edge of the liquidation line again, and can only continue to reduce its position: in the past half hour, the whale took back 3886 ETH (11.52 million US dollars) from Aave and sold it for 173.3 WBTC and repaid the loan. But even so, its lending health rate is still a dangerous 1.01, and it still needs to continue to sell ETH for WBTC to repay the loan.