The band whale nemorino.eth lost 3.769 million USD by liquidating ETH, while another whale deposited 8.42 million USD worth of ETH to the exchange

According to on-chain analysts, some ETH whales are engaging in liquidation operations. The ETH swing whale nemorino.eth (0x8AeC…0E0D) has liquidated all of its WETH at an average price of $2514.85 over the past 9 hours, with an acquisition cost of 7107.08 WETH at $3045.24, resulting in a loss of over $3.769 million from this sale.

Additionally, a certain whale (0x1E2a…Ed29), which previously profited $14.26 million from buying low and selling high on WBTC, has deposited a total of 3500 ETH, worth $8.42 million, to multiple exchanges over the past 6 hours, with an average deposit price of $2406.