A whale that is long on ETH on leverage liquidates its position, with an estimated loss of $17.51 million

BlockBeats reported that on September 9, according to Ember’s monitoring, a whale had hoarded 30,654 ETH at an average price of $2,885 through revolving loans. He started selling ETH on September 7 and has basically completed the liquidation: he sold 28,564 ETH at an average price of $2,272, realizing a loss of up to $17.51 million.