According to Ember’s monitoring, a whale who hoarded 30,654 ETH (worth about 88.43M) through revolving loans at an average price of 2,885 USDT began selling ETH on 9/7 and has basically completed the liquidation: 28,564 ETH (worth about 64.9 million USD) were sold at an average price of 2,272 USDT, realizing a loss of up to 17.51 million USD.
He has been buying ETH through revolving loans since December last year, and it has continued until July this year.