[A Whale Liquidated 8,424 ETH at a Loss of $2.25 Million One Hour Ago] According to on-chain analyst Ember's monitoring, the whale nemorino.eth liquidated 8,424 ETH ($17.9 million) one hour ago, incurring a loss of $2.25 million. Earlier this month, during an ETH rebound, the whale borrowed stablecoins from Spark and used leverage to buy ETH at an average cost of $2,391. However, ETH failed to continue its rebound and instead declined. Today, the whale retrieved 8,424 ETH from Spark and sold it off at $2,124 per ETH, clearing the debt. The remaining $11.71 million USDC was deposited back into Spark to earn interest.