A trader sold off 8,000 ETH within the past hour to repay a $10.5 million loan.

on October 30, according to monitoring by Ai Yi, trader 58bro.eth (@0x58bro) sold approximately 8,000 ETH within the past hour. After redeeming over $17.96 million worth of ETH from Aave, the trader transferred the funds to OKX in batches and has already withdrawn 10.5 million USDT to repay loans. Currently, the trader still has 4,911.05 WETH collateralized on Aave and has borrowed 2.51 million USDT, maintaining a health factor of 3.69.