A whale sold 25,800 ETH in a hurry to avoid liquidation, suffering a loss of more than $32 million

Odaily News According to Lookonchain, a large investor urgently sold 25,800 ETH (worth $47.8 million), incurring a loss of more than $32 million, to avoid liquidation of his lending positions.
The investor currently still holds 35,034 ETH (about 64.68 million US dollars) on the Aave platform, with a health factor of 1.4 and a liquidation price of about 1,316 US dollars. Although this reduction in positions brought huge losses, it significantly improved the security of the remaining positions.