A certain whale address is selling LINK at a loss to repay its debt on Aave.
According to BlockBeats news on December 13th, Lookonchain monitoring reported that a whale address is selling LINK at a loss to repay debt on Aave. The whale address purchased 237,054 LINK (equivalent to $3.55 million) at a price of $14.96 between November 10th and December 2nd. In the past 4 hours, the address sold 165,083 LINK (equivalent to $2.33 million) at a price of $14.15. Currently, there are still 71,979 LINK (equivalent to $1.02 million) left, resulting in a total loss of approximately $190,000.