coin-img-ETHETH+0.36%coin-img-BTCBTC+0.73%coin-img-SOLSOL+1.59%coin-img-UCNUCN+0.16%coin-img-XRPXRP-0.68%coin-img-ASTERASTER+7.55%coin-img-USDCUSDC-0.03%coin-img-HYPEHYPE-6.81%coin-img-ETHETH+0.36%coin-img-BTCBTC+0.73%coin-img-SOLSOL+1.59%coin-img-UCNUCN+0.16%coin-img-XRPXRP-0.68%coin-img-ASTERASTER+7.55%coin-img-USDCUSDC-0.03%coin-img-HYPEHYPE-6.81%coin-img-ETHETH+0.36%coin-img-BTCBTC+0.73%coin-img-SOLSOL+1.59%coin-img-UCNUCN+0.16%coin-img-XRPXRP-0.68%coin-img-ASTERASTER+7.55%coin-img-USDCUSDC-0.03%coin-img-HYPEHYPE-6.81%coin-img-ETHETH+0.36%coin-img-BTCBTC+0.73%coin-img-SOLSOL+1.59%coin-img-UCNUCN+0.16%coin-img-XRPXRP-0.68%coin-img-ASTERASTER+7.55%coin-img-USDCUSDC-0.03%coin-img-HYPEHYPE-6.81%

Whale Sells 9,516.8 ETH for $29.36M to Cut Aave Debt Amid Liquidation Risk

A whale address sold 9,516.8 ETH for 29.36 million USDT at an average price of $3,085 between Nov. 18 and early Nov. 19, on-chain analyst Yu Jin reports. The sales reduced the address's Aave debt from $150 million to $121 million, raising its health factor from 1.04 to 1.12. Remaining collateral includes 1,560 WBTC worth $144 million and 9,000 ETH worth $28.04 million. Yu Jin noted the 1.12 health factor remains vulnerable and requires further position reduction if BTC and ETH continue declining.
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