PANews reported on May 30 that according to monitoring by on-chain analyst @ai_9684xtpa, "a giant whale who bought ETH low and sold it high and made a profit of $1.237 million since May" liquidated his 2,559 ETH (about $6.76 million) that he had opened at $2,635 on May 22 11 hours ago, resulting in another loss of $105,000.

So far this month, his ETH gains have narrowed to $1.132 million.