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A giant whale/institution transferred 11,429 ETH to Binance in the past hour

According to Ember monitoring, the giant whale/institution that realized a loss of $1.04 million (-14%) at bottom fishing CRV some time ago transferred 11,429 ETH (33.20 million USD) into Binance in the last 1 hour. The giant whale/institution mortgaged 53,000 ETH (154 million USD) borrowed 107.80 million stablecoins in Comppund/Aave through 3 addresses. At present, the lowest health ratio of his borrowing position has reached 1.15, which means that ETH has fallen to around $2,526, and his position will reach the clearing line. With the rapid decline in ETH price, he chose to sell part of the ETH repayment to reduce leverage.