TechFlow news, April 10 — According to on-chain analyst烬 (Yujin), a whale sold 26,881 ether (ETH) in the past one and a half hours, receiving approximately $42.04 million in DAI, which was used to repay all outstanding loans and thereby reduce liquidation risk.
After repaying the loan, this address still holds 11,600 ETH, worth approximately $18.26 million. Previously, this holder has been forced to reduce positions multiple times as ETH holdings approached liquidation thresholds.
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