Two Ethereum whales sold $371 million within 48 hours to repay Aave debt
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According to a report by Bijie Network: Two major Ethereum whales, BitcoinOG and Trend Research, collectively sold $371 million worth of ETH within 48 hours to repay loans on the Aave platform. Among them, BitcoinOG sold $292 million worth of ETH to repay $92.5 million in debt; Trend Research sold $79 million worth of ETH, with almost all proceeds used to repay debt. These proactive sell-offs are in stark contrast to the $140 million in automatic liquidations processed by the Aave platform, indicating that large holders are taking active risk management measures amid market volatility.
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