On-chain analyst Yu Jin reported that the Ethereum whale significantly increased ETH sales to reduce liquidation risk, repaying over $44 million in debt while lowering its liquidation price to $1,560.
On-chain analyst Yu Jin reported that an Ethereum whale began aggressively selling ETH around $2,050 to stop losses and reduce liquidation risk. The whale sold a total of 27,800 ETH and repaid $44.14 million in debt. After the repayments, the whale still holds 9,810 ETH worth about $18.66 million, along with $12.83 million in remaining DAI debt. The liquidation price was lowered to $1,560, indicating reduced immediate liquidation pressure compared to the earlier $1,800 level.