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TechFlow reports, on December 20, according to Lookonchain monitoring, the recent drop in ETH prices has forced whales to sell assets to repay debts. One whale deposited 22,746 ETH (approximately $77.7 million) into Binance within the past 5 hours and withdrew stablecoins from Binance to repay debts on Spark and Aave. This address has deposited a total of 31,968 ETH (approximately $122.3 million) into Binance over the past two days.
According to Lookonchain monitoring, the recent drop in ETH prices has forced whales to sell assets to repay debts. One whale deposited 22,746 ETH (approximately $77.7 million) into Binance within the past 5 hours and withdrew stablecoins from Binance to repay debts on Spark and Aave. This address has deposited a total of 31,968 ETH (approximately $122.3 million) into Binance over the past two days.
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