Gate News message, April 21 — According to Onchain Lens, a whale address (0x8Ad) withdrew 18,300 ETH, worth approximately $42.18 million, from a major CEX. Of this amount, 12,000 ETH was sold to repay a borrowing position on Aave.
The whale currently holds 6,315 ETH, valued at approximately $14.62 million. On-chain analysts expect further selling pressure from the address in the near term.
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