A whale who used a "revolving loan to go long on ETH" strategy sold 10,000 ETH, cashing out approximately $29.15 million.

In April, address 0xa339 was forced to sell 30,894 ETH at a loss to avoid liquidation due to the drop in ETH prices, resulting in a loss of approximately $40 million. Subsequently, when ETH stabilized, it bought back 19,973 ETH at $1,740, allowing it to hold approximately 50,000 ETH at an average price of $2,545.