PANews reported on April 10 that according to on-chain analyst Yu Jin’s monitoring, a whale sold 26,881 ETH in exchange for 42.04 million DAI in the past hour and a half and paid off all loans to remove leverage. After paying off the loans, the whale still had 11,600 ETH (US$18.26 million). The whale’s ETH position was on the verge of liquidation several times recently, and then it reduced its position to lower the liquidation line when it was about to be liquidated. It seems that he was scared by these liquidations, and he simply chose to sell most of his ETH to pay off his loans.