A Trader Dumps 8000 ETH in the Past Hour to Repay a $10.5 Million Loan

TechFlow reported on October 30 that, according to Ai Auntie's monitoring, trader 58bro.eth (@0x58bro) dumped about 8000 ETH in the past hour. After redeeming ETH worth more than $17.96 million from Aave, the trader transferred it to OKX in batches and has withdrawn 10.5 million USDT to repay the loan. The trader still has 4911.05 WETH staked on Aave and has borrowed 2.51 million USDT, with an account health factor of 3.69.

Source: TechFlow