Major Aave Trader Sells ETH Amid Leveraged Position Adjustment

According to Foresight News, a significant trader on Aave has sold 2,500 ETH, valued at approximately $9.67 million, eight hours ago, reducing their leveraged position. The address had previously purchased 2,989 ETH at an average price of $4,197 between October 13 and October 27, resulting in a loss of about $820,000 from the recent sale. Currently, the address still holds 13,504.56 ETH as collateral on Aave and has borrowed 37.24 million stablecoins, maintaining a health factor of 1.16.