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TechFlow reports, on February 8, according to on-chain data analyst Yu Jin, the whale nemorino.eth has deleveraged by selling 10,828.5 ETH over the past three hours to repay loans borrowed from Aave.
He sold 10,828.5 ETH for 28 million USDC to repay debt, at an average price of $2,586 per ETH. After fully repaying all loans, he still holds 8,833.4 ETH ($23.26M).
Whales deleveraging often signals that prices may continue to fall.
According to on-chain data analyst Yujin, the whale nemorino.eth has deleveraged by selling 10,828.5 ETH over the past 3 hours to repay loans borrowed on Aave. He sold the ETH for 28 million USDC at an average price of $2,586 per ETH. After fully repaying all loans, he still holds 8,833.4 ETH ($23.26M).
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