A whale has sold over 30000 ETH to avoid liquidation, resulting in a loss of approximately $40 million

Odaily Planet Daily News: According to OnchainLens monitoring, a whale address once borrowed $34.75 million in USDT and purchased 19973.34 ETH at a price of $1740 per coin. Subsequently, to avoid liquidation, the address sold 30894 ETH, cashed out approximately $55.63 million, and incurred a loss of approximately $40 million. The current ETH position clearing price for this address is $1586.80.