nemorino.ETH's move this time can be called a textbook-level contrarian indicator — leveraging all-in at the beginning of the month, then cutting losses and paying interest by the end of the month, whales can also get wrecked.

ETH-3.42%
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CoinNetwork
CryptoWorld News: Whale nemorino.ETH chose to cut losses an hour ago, liquidating 8,424 ETH, which is approximately $17.9 million based on the current price, with a loss of $2.25 million.
At the beginning of the month, he borrowed stablecoins from Spark during ETH's rebound and used leverage to buy ETH at an average cost of $2,391.
Since ETH failed to continue its rebound and instead declined, today he withdrew the 8,424 ETH from Spark and sold it at $2,124, incurring a loss of $2.25 million.
After repaying the loan, he also deposited the remaining 11.71 million USDC back into Spark to earn interest.
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