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Eight hours ago, this whale offloaded all 10,701 $ETH ($33M) on #Binance to repay a debt, resulting in a loss of over $4M once again. Previously, they had taken a long position on $ETH by depositing the asset on #Compound and borrowing $USDT to purchase more $ETH. This marks the second occasion where they incurred losses from this strategy, having lost approximately $500K in the past. Address: 0x444624B9777E41e648C4019cc86cf0b6738f39bf

Eight hours ago, this whale offloaded all 10,701 $ETH ($33M) on #Binance to repay a debt, resulting in a loss of over $4M once again.

Previously, they had taken a long position on $ETH by depositing the asset on #Compound and borrowing $USDT to purchase more $ETH. This marks the second occasion where they incurred losses from this strategy, having lost approximately $500K in the past.

Address: 0x444624B9777E41e648C4019cc86cf0b6738f39bf

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