A whale/institutional address cluster holding ETH leveraged positions has sold 36,9K ETH at a stop-loss over the past 4 days

Odaily News According to on-chain analyst Yu Jian, a whale/institutional address cluster holding ETH leveraged positions has sold 36,9K ETH at a stop-loss via Hyperliquid over the past 4 days, withdrawing 82.36 million USDC to repay loans. He is still at a stop-loss: he still holds 56,000 ETH (worth $115 million), with the liquidation price for these ETH leveraged positions around $2,050, only about $200 away from the current price. His ETH was purchased at an average price of around $3,363 in July last year, and the current loss has reached as high as $105 million.