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A giant whale sold 10,701 ETH 2 hours ago to pay off debt, losing more than $4 million again

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2024-04-16 06:09:02
According to Lookonchain data, a giant whale sold all 10,701 ETH ($33 million) in Binance two hours ago to pay off debt, losing more than $4 million again.
He bought more ETH by depositing ETH long on Compound and borrowing USDT. This is the second time he has lost money by going long $ETH. Last time he lost about $500,000.
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