According to Ember monitoring, in the past 2 hours, a whale that had previously been long ETH on the chain sold 26,600 ETH for 82.52 million USDT to unload the leverage. ETH fell by $100 ($3,160 → $3,060). The whale was long ETH on the chain 1/5 of the leverage, borrowing 48 million U to buy 21,192 ETH at $2,265 and held it for half a year. Until the recent sharp turnaround, the whale sold 26,600 ETH for 82.52 million USDT at an average price of $3,102 2 hours ago to repay the loan on Aave.
Because the whale bought at a low enough price, he still realized a gain of $22.26 million (+ 37%) on the current sale.
A whale that previously leveraged ETH on the chain sold 26,600 ETH for 82.52 million USDT to reduce leverage
2024-07-05 00:31:18
According to embers monitoring hour one previously lever eth 2.66desk3cryptocurrencydesktopCrypto News
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