The whale that had bought 13,689 ETH through a revolving loan in February began to sell ETH
According to on-chain analyst Yu Jin's monitoring, a whale who bought 13,689 ETH through a revolving loan at a price of $2,600 in February has started to sell ETH to unload leverage: Half an hour ago, they transferred 3,000 ETH to Binance, then withdrew 10.17 million USDT from Binance 13 minutes ago, selling at a price of $3,392. 10 minutes ago, they returned the USDT to Compound to continue redeeming 4,300 ETH and transferred it to Binance. Currently, they should be in the process of selling.
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