ETH Price Drop Triggers Institutional Repayment of $1 Billion USDT Loan

Market Volatility Sparks Institutional Adjustment

Blockchain data reveals that as Ethereum prices declined, a major investor began adjusting their asset allocation strategy. This entity transferred $30 million in USDT from a centralized exchange to repay on-chain debts, indicating no immediate plans for new positions.

Position Details Analysis

The investor currently holds 651,300 ETH, with the total value reaching $1.85 billion at current market prices. Their average acquisition cost remains at $3,180 per ETH, resulting in unrealized losses of approximately $215 million due to price fluctuations.

Borrowing Position Revealed

• Lending Platform: Aave
• Borrowing Amount: $1.03 billion USDT
• Leverage Ratio: Approximately 2.2x

Notably, this repayment action reflects shifting risk management strategies among institutional investors in the current market environment. Analysts suggest this approach reduces cost pressure while maintaining core position integrity.