Whale nemorino.eth liquidated 8,424 ETH one hour ago, incurring a loss of approximately $2.25 million

Whale nemorino.eth liquidated 8,424 ETH one hour ago, incurring a loss of approximately $2.25 million

2026-05-22 16:12

ChainThink report, according to Ember Monitor, the whale address nemorino.eth liquidated 8,424 ETH one hour ago, incurring cumulative losses of approximately $2.25 million.

This address previously leveraged stablecoins borrowed from Spark during early-month ETH rebound momentum, buying ETH at an average entry price of $2,391.

With ETH failing to sustain its recovery, the liquidation price reached $2,124. After repaying the loan, the address redeposited the remaining 11.71 million USDC back into Spark to earn interest.

Disclaimer: Contains third-party opinions, does not constitute financial advice

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