According to on-chain analyst @ai_9684xtpa, it seems that a major ETH whale is planning to liquidate its assets. Possibly due to the overwhelming pressure of a one-sided bullish market, the whale has already deposited 7400 ETH into Binance and transferred 15.82 million USDT to its wallet for loan repayment. Currently, the whale only holds 1314 ETH in Compound, with a value of 4.08 million USD.
