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A long ETH whale sold 4707.5 ETH, with a cumulative loss of more than 8.22 million dollars

According to the chain analyst @ai_9684xtpa monitoring, 2024.04 leverage ETH loss of $4 million whale new round of leverage loss of $3.42 million. In the past five months, four times ETH repeated failure, cumulative losses of more than $8.22 million. The whale went long ETH through the Compound cycle from 05.17 to 07.19, with an average price of $3,138; the price continued to fall in the past 13 hours, and he was forced to sell 4707.5 ETH (about $11.34 million), with an average price of $2,410.