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An ETH whale sold another 5,094 ETH, losing $40 million in ETH

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2025-04-09 00:38:20
According to the monitoring of on-chain analyst Ember, ETH fell back, and "the giant whale who is long ETH through circular loans 0xa339]" sold 5,094 ETH positions again. His realized losses on ETH reached $40 million.
◎ When ETH fell sharply on 3/11, he sold 25,800 ETH to reduce the position clearing line, resulting in a loss of 31.75 million dollars.
With ETH falling further and approaching his liquidation line, he had to sell 5,094 ETH at $1,471 5 hours ago for 7.49 million USDT repayment, reducing the position liquidation price to $1,246.
◎ The ETH he held was bought with an average price leverage of $3,084 in July 2024. At present, the ETH sold by these two cuts alone has caused him to lose 40 million dollars.
He now has 30,000 ETH on Aave.
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