[ETH Whale Reduces Position and Repays Loan, Sells 11,190 ETH] BlockBeats news, January 25, according to EmberCN monitoring, due to the decline in ETH price, a whale who had collateralized ETH on Spark to borrow USDT reduced their position to ensure the safety of their holdings. The whale sold 11,190 ETH through OKX, worth $32.83 million, and then withdrew 26.55 million USDT from OKX to repay the loan. After reducing the position, the liquidation price of the ETH in their loan position dropped to $2,268, which is $667 away from the current price. The whale has collateralized 37,400 ETH on Spark, worth $110 million, generating a loan of $62.57 million.