A certain whale that went long on ETH sold 12,048 ETH to repay debts

ChainCatcher news, according to Lookonchain monitoring, the whale address starting with 0xb82 that went long on ETH has just sold 12,048 ETH (approximately 23.4 million USD) to repay debts, making over 2 million USD in profit from this transaction.

On October 23, this address purchased 12,047 ETH (approximately 21.3 million USD) from Binance, when the price of ETH was around 1,768 USD. The address went long on ETH by depositing ETH into Aave & Compound and borrowing USDT to buy more ETH.