PANews reported on November 2nd that, according to on-chain analyst Ai Yi, a major holder (0xC26...7869C) who was cyclically longing ETH on Aave sold 2500 ETH (approximately $9.67 million) 8 hours ago, unwinding some of their leverage. They had bought 2989 ETH between October 13th and October 27th at an average price of $4197, and this sale will result in a loss of $820,000. Currently, they still have 13,504.56 ETH pledged and 37.24 million stablecoins borrowed on Aave, with a health score of 1.16.
A whale that had been holding long ETH in an Aave cycle sold 2,500 ETH, worth approximately $9.67 million, eight hours ago.
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