Ethereum Whale Sells Over 5,000 Tokens To Avoid Liquidation

According to BlockBeats, on September 7, on-chain data analyst @ai_9684xtpa reported that a significant Ethereum whale with an address starting with 0x1dF sold 5,178 wstETH and stETH tokens in the past four hours to avoid liquidation. The total value of the sold tokens is approximately $12.84 million, with an average selling price of $2,481 per token. Currently, the address still holds 24,651 stETH tokens as collateral and has borrowed 30.91 million USDT. The health factor of the account stands at 1.44. If the price of Ethereum drops to $1,823, it will trigger liquidation.