A whale sold 10,701 ETH 2 hours ago to repay debts, losing more than $4 million again
By:Cointime
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According to Lookonchain data, a whale sold all 10,701 ETH (worth $33 million) on Binance 2 hours ago to repay debt, once again losing over $4 million. He went long on ETH by depositing it on Compound and borrowing USDT to buy more ETH. This is the second time he has lost money due to going long on ETH. Last time he lost about $500,000.
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