Trader 58bro.eth sells 8,000 ETH in an hour to repay Aave loan
- —8,000 ETH sold after redeeming over $17.96 million from Aave
- —10.5 million USDT withdrawn to repay the loan
- —4,911.05 WETH remains as collateral against 2.51 million USDT debt
- —Position health rate stands at 3.69
Why it matters: Large ETH sales to close debt add selling pressure and highlight leverage risks in DeFi.
Source: PANews