A crypto whale sold all of his 10,701 ETH (equivalent to $33M) on Binance to pay off a debt 2 hours ago, losing over $4M again. The investor bet on the upside of ETH by depositing ETH into Compound and borrowing USDT to purchase more ETH. This is the second time he has lost money betting on the rise of ETH. Last time he lost around $500K.
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