WHY ETHEREUM DUMPED SO HARD??

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A major player sold off 26,600 ETH ($82.5M) at $3,102 to settle a debt on Aave.

This move caused ETHโ€™s price to drop by 3.4%.

Following this, they opened a new wallet and borrowed 80.9M USDT from Aave to purchase 26,235 ETH at $3,084.

Their current health ratio stands at 1.9, with a liquidation price set at $1,625.

๐Ÿ”ผ Data Credit - LookOnchain

๐Ÿ…ƒ๐Ÿ„ด๐Ÿ„ฒ๐Ÿ„ท๐Ÿ„ฐ๐Ÿ„ฝ๐Ÿ„ณ๐Ÿ…ƒ๐Ÿ„ธ๐Ÿ„ฟ๐Ÿ…‚123

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