Ethereum News Update: Crypto Whales Employ Flash Loans to Manage Market Fluctuations and Prevent Liquidation- Ethereum-based whale avoided liquidation by selling 465.4 WBTC/2,686 ETH ($56.52M) to repay flash loans amid Nov 5 market crash. - ETH dropped below $3,400 for first time since June 2024, triggering $1.1B+ in liquidations as 303,000 traders exited leveraged positions. - Similar strategy seen earlier when nemorino.eth sold 8,000 ETH via flash loan to secure $7.58M profit during downturn. - Analysts highlight systemic risks in leveraged trading, noting disciplined deleveraging via flash loans is critical d
Bitget-RWA•2025/11/05 02:14