Whale Reduces ETH Holdings to Avoid Liquidation

According to BlockBeats, recent monitoring by Ember has revealed that a whale, whose Ethereum (ETH) positions were repeatedly on the brink of liquidation, has sold a significant portion of their holdings. In the past hour and a half, the whale sold 26,881 ETH, converting them into 42.04 million DAI to repay all outstanding loans and remove leverage. After settling the debts, the whale still retains 11,600 ETH.