Data: A long ETH whale sold more than 5,000 wstETH and stETH in the past 4 hours to avoid liquidation

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According to ChainCatcher, on-chain data analyst @ai_9684xtpa monitored that a certain ETH long whale address starting with 0x1dF sold 5,178 wstETH and stETH in the past 4 hours to avoid liquidation, with a value of US$12.84 million and an average selling price of US$2,481.

Currently, the address still holds 24,651 stETH as margin, has lent out 30.91 million USDT, and has a health level of 1.44. Liquidation will be triggered when ETH falls to $1,823.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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