Ethereum (ETH) Whale nemorino.eth Nets $7.58M After Selling 8,000 ETH via Flash Loan and Completing Deleveraging

COINOTAG News, citing Ashes Monitor, reported on November 4 that the whale nemorino.eth built a long ETH exposure via a flash loan and began unwinding as the market moved lower.

In a move that followed, an early-morning sale of 8,000 ETH enabled full repayment of a $24.83 million loan, resulting in complete deleveraging and an estimated $7.58 million realized profit.

The event highlights how large holders leverage on-chain financing tools to manage liquidity risk and opportunistically exit positions, shaping ETH liquidity dynamics and margin discipline amid bouts of volatility.

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