Nemorino.eth: Closes $480K Loss on Leveraged ETH Trade

Nemorino.eth closed a two-day leveraged ETH swing on Cowswap, selling 7908.3 ETH at an average $2056.86 after accumulating at $2117.46 and realizing a $480K loss or $60.6 per token.

The wallet funded part of the position with 500万 DAI borrowed through Spark, highlighting ongoing Cowswap Spark leveraged ETH trades by large players. With price testing lower Bollinger support near $2026.57 while RSI sits at 29.87 in oversold territory and MACD prints a death cross below EMA50 at $2105.38, the 4h structure points to further downside pressure toward $2017 before any relief rally materializes in current ETH price prediction models.