A whale address is selling LINK at a loss to repay the debt on Aave
According to Lookonchain, a whale address is selling LINK at a loss to repay its debt on Aave. It is reported that the whale address bought 237,054 LINK (equivalent to $3.55 million) at a price of $14.96 between November 10th and December 2nd, and then sold 165,083 LINK (equivalent to $2.33 million) at a price of $14.15 in the past four hours. Currently, there are still 71,979 LINK remaining (equivalent to $1.02 million), with a total loss of approximately $190,000.
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