An entity is selling ETH on Hyperliquid through 11 wallets, having sold 31,700 ETH in the past 5 hours.

CycleProphet · 2026-02-04T12:36:14+00:00

An entity has been continuously selling large amounts of ETH on Hyperliquid through 11 wallets to repay loans on Aave. In the past five hours, they sold 31,700 ETH, and over the past four days, a total of 47,000 ETH. Due to the decline in ETH price, this position is close to liquidation, and they are forced to sell to avoid being fully liquidated.

CycleProphet

2026-02-04 12:36:14

Abstract generation in progress

Deep Tide TechFlow News, February 04, According to MLM monitoring, a certain entity is continuously selling large amounts of ETH on Hyperliquid through 11 wallets to repay its loans on Aave:

In the past 5 hours, the entity has sold 31,700 ETH (approximately $80.8 million) on Hyperliquid; over the past 4 days, it has sold a total of 47,000 ETH (about $120 million). Currently, it still deposits 49,600 ETH (approximately $112 million) as collateral on Aave, while borrowing $86 million in USDC.

As the ETH price declines, this position has approached liquidation margins, forcing continuous ETH sales to repay debts in order to avoid being fully liquidated.

ETH-4,97%

AAVE-3,31%

USDC0,07%

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