A whale who is long on leverage has transferred a total of 33,099 ETH to Binance, which will be used to repay on-chain loans after being sold

BlockBeats reported that on July 5, according to Ember’s monitoring, a leveraged long whale had transferred a total of 33,099 ETH (worth approximately $96.24 million) to Binance, and then withdrew $83.43 million in stablecoins from Binance to repay on-chain loans from Comppund and Aave.

Currently, he still has $48.37 million in loans on the lending platform and 31,269 ETH as collateral.