A whale long on the ETH/BTC exchange rate repaid a loan by redeeming 1590 ETH for 78.45 WBTC
According to on-chain analyst EmberCN, the whale who was long on the ETH/BTC exchange rate was liquidated 3,870.79 ETH this morning. In the past four hours, he repaid his loan by redeeming 1590.8 ETH for 78.45 WBTC. He increased the health of his loan to 1.02 to reduce the risk of being liquidated.
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Data: If ETH falls below $3,250, the cumulative long liquidation intensity on major CEXs will reach $801 millions.
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