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A whale sold 27,800 ETH on Spark to cut losses, repaying $44.14 million in loans.
GateNewsBot
ETH9,84%
PANews February 6 News, according to on-chain analyst Yu Jin’s monitoring, a whale holding ETH lending positions on Spark started selling ETH to stop loss at $2,050 last night. After a night of stop loss, they sold 27,800 ETH to repay $44.14 million in loans.
The whale still has 9,810 ETH (worth $18.66 million) on Spark, with a loan of 1.283 million DAI. The liquidation price for the remaining position has dropped from $1,800 yesterday to $1,560 now.
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