Data: A certain whale sold off 8,424 ETH one hour ago, incurring a loss of 2.25 million dollars
By: www.chaincatcher.com|2026/05/22 08:43:06
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According to on-chain analyst Yu Jin's monitoring, the whale nemorino.eth liquidated 8,424 ETH ($17.9 million) one hour ago, incurring a loss of $2.25 million. At the beginning of the month, when ETH rebounded, he borrowed stablecoins from Spark to leverage and buy ETH at an average cost of $2,391.
Subsequently, ETH failed to continue its rebound and instead fell back. He retrieved 8,424 ETH from Spark and sold it off at a price of $2,124, paying off the loan and depositing the remaining 11.71 million USDC back into Spark to earn interest.
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