ETH Whale Sells $12.84M in stETH to Avoid Liquidation
9/7/2024 1:23:40 AM
According to @ai_9684xtpa, expectations of a U.S. economic recession caused ETH to briefly drop below $2150 last night. To avoid liquidation, a major ETH whale (address 0x1dF...A8eE9) sold 5,178 wstETH and stETH worth $12.84 million at an average price of $2481 over the past four hours. The whale still holds 24,651 stETH as collateral and has borrowed 30.91 million USDT. The health factor is 1.44, and liquidation will be triggered if ETH drops to $1823. (Source)
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