A whale has sold more than 30,000 ETH to avoid liquidation, losing about $40 million

Odaily News According to OnchainLens monitoring, a whale address borrowed $34.75 million USDT and purchased 19,973.34 ETH at $1,740 per ETH.
Subsequently, in order to avoid liquidation, the address sold 30,894 ETH, cashing out approximately US$55.63 million and suffering a loss of approximately US$40 million.
The current ETH position liquidation price for this address is $1586.80.