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Due to the drop in $ETH, a whale that mortgaged ETH on Spark to borrow USDT has reduced their position in the last two days to ensure the safety of their lending position:
They sold 11,190 ETH ($32.83 million) through #OKX and then withdrew $26.55 million USDT from #OKX for repayment.
After the reduction, the liquidation price of their ETH position has dropped to $2,268, which is $667 away from the current price:
They have 37,400 ETH ($110 million) mortgaged on Spark, along with $62.57 million in loans.
Address:


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