Data: A certain whale sold 27,800 ETH on Spark to stop losses and repaid a loan of 44.14 million USD

According to on-chain analyst Yu Jin's monitoring, a certain whale holding an ETH lending position on Spark started to sell ETH to stop losses at $2,050. After a night of stop-loss selling, 27,800 ETH were sold to repay $44.14 million in loans.

The whale still has 9,810 ETH ($18.66 million) left on Spark, with a loan of 12.83 million DAI. The liquidation price of the remaining position has dropped from $1,800 yesterday to $1,560 now.