The whale nemorino.eth incurred a loss of $3,769,000 and liquidated ETH, while another whale deposited $8,420,000 worth of ETH into the exchange.

ETH2,97%
WBTC1,84%

Odaily Planet Daily reports that on-chain analyst Ai Yi has detected that some large ETH holders are cutting their positions. The large ETH whale nemorino.eth (0x8AeC…0E0D) has sold all WETH holdings in the past 9 hours at an average price of $2514.85. The 7107.08 WETH originally cost $3045.24, and this sale resulted in a loss of over $3,769,000.

Additionally, a whale (0x1E2a…Ed29) who previously made $14.26 million by buying low and selling high WBTC has, in the past 6 hours, deposited a total of 3500 ETH across multiple exchanges, worth $8.42 million, with an average deposit price of $2406.

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IrritableLittleMilkDragonvip
· 02-01 05:30
PANews February 1 News, CoinAnk data shows that in the past 12 hours, the total liquidations in the cryptocurrency market across all contracts reached $2.061 billion, including $1.958 billion in long positions and $103 million in short positions. The total liquidation amount for BTC was $671 million, and for ETH, it was $884 million.
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