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A giant whale sold 2183.2 ETH through flash loan 50 minutes ago to repay the loan of 100 WBTC

A giant whale sold 2183.2 ETH through flash loan 50 minutes ago to repay the loan of 100 WBTC

2024/04/14 02:52

Golden Finance reported that according to on-chain analyst Yujin’s monitoring, 50 minutes ago, a whale that was long on the ETH/BTC exchange rate took the initiative to reduce part of its position to improve the health rate of position lending: 2183.2 ETH ($6.47 million) were sold through flash loans. Repaying 100 WBTC increases the lending health rate to 1.03. Golden Finance previously reported that a certain whale was liquidated on Aave in the early morning with 4,539.7 ETH as collateral to repay a 203 WBTC loan.

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