PANews reported on December 20 that according to Lookonchain monitoring, the recent price drop forced some whales to sell ETH to repay debts. A whale deposited 22,746 ETH (about 77.7 million US dollars) to Binance in the past 5 hours, and withdrew stablecoins from Binance to repay its debts on Spark and Aave. The whale has deposited a total of 31,968 ETH to Binance in the past two days, with a total value of approximately 122.3 million US dollars.
Ethereum whales dumped ETH to repay debts, depositing 31,968 ETH to Binance in 2 days
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