3 hours ago Whalenemorino.ethSold 10,828.5 ETH to unleverage
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Odaily reports that according to on-chain analyst Yujin, the whale nemorino.eth has sold 10,828.5 ETH over the past 3 hours to repay his borrowings on . He sold 10,828.5 ETH and converted them into 28 million USDC to repay the loans, at an average selling price of $2,586. After repaying all his loans, he still holds 8,833.4 ETH (worth $23.26 million). Whales deleveraging usually indicates that they expect the price to continue falling.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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