Kanye West associated address sold 1,390 ETH in 6 hours, cashing out 3.163 million USD

According to monitoring by Ai Yi, the address associated with Kanye West began selling ETH in batches about 6 hours after the news of the theft incident on Binance was disclosed, selling 1,390 ETH worth $3.163 million at an average price of $2,275.6, resulting in a loss of approximately $317,000.

Currently, the address still holds 19,506.17 ETH as collateral and has borrowed $27.67 million in stablecoins, with an account health ratio of 1.31. When the price of ETH drops to $1,689.59, this address will face liquidation risk.