Some Giant Whale Sells 11,620 ETH in Last 6 Hours to Repay Borrowings to Avoid Liquidation
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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
ETH/BTC Exchange Rate Nears Over Three-Year Low Again Today, Dropping as Low as 0.0384
A trader liquidated his FOREST position today, realizing a gain of over 46x