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The whale who was long on the ETH/BTC exchange rate repaid the loan by redeeming 1,590 ETH and converting it into 78.45 WBTC.

The whale who was long on the ETH/BTC exchange rate repaid the loan by redeeming 1,590 ETH and converting it into 78.45 WBTC.

CointimeCointime2024/01/09 08:22
By:Cointime

The whale who was long on the ETH/BTC exchange rate was liquidated for 3,870.79 ETH this morning. In the past 4 hours, he has redeemed 1590.8 ETH to exchange for 78.45 WBTC to repay the loan. This has improved the loan health to 1.02 to reduce the risk of liquidation.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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