A whale address is selling LINK at a loss to repay the debt on Aave
According to Lookonchain, a whale address is selling LINK at a loss to repay its debt on Aave. It is reported that the whale address bought 237,054 LINK (equivalent to $3.55 million) at a price of $14.96 between November 10th and December 2nd, and then sold 165,083 LINK (equivalent to $2.33 million) at a price of $14.15 in the past four hours. Currently, there are still 71,979 LINK remaining (equivalent to $1.02 million), with a total loss of approximately $190,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Spain Says Europe’s Digital Asset Rules May Be Too Restrictive
Dow Jones Top Markets Headlines at 1 AM ET: U.S. Stocks Down as Oil, Yield Shock Continues | What ...
Investment appeal stands out after pullback! Canadian pipeline giant Enbridge (ENB.US) upgraded by BMO Capital to "Outperform"
BMO has upgraded Enbridge's rating to "Outperform", believing that its recent pullback and $41 billion project backlog offer a good investment opportunity.

2-Yr Benchmark Govt Yields - U.S. vs Other Nations