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A whale uncollateralized 15,078 ETH and deposited it into Binance and Bitfinex, possibly selling it to pay off debt

A whale uncollateralized 15,078 ETH and deposited it into Binance and Bitfinex, possibly selling it to pay off debt

CointimeCointime2024/03/13 13:20
By:Cointime

Lookonchain has monitored a whale canceling the collateral of 15,078 ETH ($60.3 million) and depositing it into Binance and Bitfinex, possibly for sale to repay debt. The debt on Spark is 110 million DAI with a health rate of 1.57.

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