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.
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.
You may also like
The Dow Jones Index closed down 498.5 points, with the S&P 500 and Nasdaq also declining.
All three major U.S. stock indexes closed lower.
Morph announces BGB tokenomics update, introduces quarterly burn mechanism and expands to DeFi and PayFi applications