A whale lost over 10 million USD by chasing long positions on ETH after the non-farm payroll data.
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According to ChainCatcher, as monitored by Ember, a whale who sold HYPE and then went long on ETH chased the rally following the non-farm payroll data. After ETH's price retraced, the whale closed out 52,800 ETH at a stop-loss price of approximately $4,265, incurring a single-day loss of $10.67 million. Since May 25, the cumulative loss has reached $35.84 million.
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