A whale liquidated its entire holdings of 96,500 ETH and 334,000 SOL, cutting its losses at a loss of $141 million.

According to Mars Finance, on February 5th, on-chain data analyst Yu Jin monitored that a whale address completed a complete liquidation four hours prior. This address sold 96,585 ETH (approximately $214 million) and 334,000 SOL (approximately $31.51 million) over four days, incurring a loss of $141 million. Its ETH position was purchased in July of last year at an average price of $3,363 and sold in recent days at an average price of $2,222, resulting in a loss of $110 million. Its SOL position was purchased in October of last year at an average price of $186 and sold in recent days at an average price of $94, resulting in a loss of $30.78 million. After liquidating and repaying loans, the address has only 58.34 million USDC remaining.