According to TechFlow, according to Ember monitoring, a whale/institution sold 10,414 ETH last night:.

10,414 ETH was transferred to Binance through 3 addresses, and then $36.32M of stablecoins were withdrawn from Binance. This whale/institution sold ETH this time to reduce leverage: his three addresses pledged 68,300 ETH ($228M) in Aave and Compound to borrow $141M of stablecoins. The stablecoins obtained from the sale of ETH were used to repay the loan and reduce the borrowing position.