Kanye-linked address reduces holdings by 1390 $ETH to lower liquidation risk 😬

Six hours ago (i.e., after news of the Binance hack was disclosed), the address began selling in batches, offloading ETH worth $3.163 million at an average price of $2,275.6, for a loss of $317,000. It still has 19,506.17 ETH collateralized to borrow $27.67 million in stablecoins, with a health factor of 1.31. A drop in ETH to $1,689.59 would trigger liquidation.

Wallet address: 0xdea611a2f605fe63962e0151e724e9ce4c8a1d5c