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https://www.gate.com/announcements/article/45974
ETH Whale repaid a loan of 42.04 million dollars, and the open interest decreased to 11,600 ETH.
According to the Gate.io News bot, data monitored by @EmberCN shows that a Whale sold 26,881 ETH within an hour and a half recently, worth about $42.04 million DAI. Through this transaction, the Whale has completely repaid the loan and eliminated the leveraged position, removing the liquidation risk.
The Whale has previously adjusted its liquidation line multiple times through a reduction in holdings. After this liquidation operation, its ETH holding is 11,600 coins, worth approximately 18.26 million dollars at the current market value.
Source: Wu Says