Whale Liquidates Significant ETH Holdings to Avoid Insolvency

A substantial Ethereum (ETH) holder recently averted potential liquidation risk by selling a significant portion of their holdings, according to monitoring from Ember. Over the past 90 minutes, this whale offloaded 26,881 ETH, converting them into 42.04 million DAI to settle outstanding loans and eliminate leverage. While the whale’s Ethereum holdings have been reduced, they still maintain a substantial 11,600 ETH.