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

ETH

ETH/USDT

$2,127.12

+4.51%

$2,127.12

+4.51%

(24s)

24h Volume

$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short

69.8%

Long: 69.8%Short: 30.2%

Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,121.96

▲ 1.67%

Volume (24h): -

Resistance Levels

Resistance 3$2,577.98

Resistance 2$2,403.28

Resistance 1$2,234.29

Price$2,121.96

Support 1$1,994.75

Support 2$1,826.83

Support 3$1,157.44

Pivot (PP):$2,110.44

Trend:Downtrend

RSI (14):32.9

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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