According to @EmberCN, whale nemorino.eth sold 10,828.5 ETH for $28 million USDC to repay a loan on Aave, with an average selling price of $2,586 per ETH. After clearing the debt, the whale still holds 8,833.4 ETH valued at $23.26 million. Such deleveraging by a whale is typically seen as a bearish signal.

According to EmberCN, the whale known as nemorino.eth has accumulated 20,083 ETH worth $45.73 million over the past 34 hours at an average price of $2,277. This follows a sale of 18,650 ETH for $43.09 million at $2,311 per ETH on September 6. The recent accumulation exceeds the previous sale volume, indicating a strategic buyback at a lower price.