Data: A certain whale/institution sold 10,414 ETH last night to reduce leverage

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, a certain whale/institution sold 10,414 ETH last night, transferring 10,414 ETH to Binance through 3 addresses, and then withdrew 36.32 million USD stablecoins from Binance.

It is reported that the whale/institution sold ETH this time to reduce leverage, with its three addresses collateralizing 68,300 ETH (approximately 228 million USD) on Aave and Compound to borrow 114 million USD stablecoins.