The whale address nemorino.eth has liquidated 8,424 ETH, resulting in a loss of approximately $2.25 million. This transaction occurred after the address borrowed stablecoins from Spark to leverage-buy ETH at an average price of $2,391 during a price rebound earlier this month. However, ETH's price did not sustain its upward momentum, leading to a liquidation at $2,124. Following the repayment of the loan, the remaining 11.71 million USDC were redeposited into Spark to earn interest.