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Some Giant Whale Sells 11,620 ETH in Last 6 Hours to Repay Borrowings to Avoid Liquidation

Some Giant Whale Sells 11,620 ETH in Last 6 Hours to Repay Borrowings to Avoid Liquidation

Bitget2024/07/25 14:55

A certain whale/institution sold 36,000 ETH ($104 million) for USDT to repay borrowings on July 5 to avoid liquidation. And with ETH down 8% today, this whale/institution sold another 11,620 ETH ($36.77 million) for USDT to repay its borrowings in the last 6 hours. This whale/institution now holds only 17,943 ETH left, compared to 78,714 ETH he held before June 25th. That means he has sold a whopping 60,771 ETH in the past month.

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