According to JinSe Finance, on-chain analyst Yu Jin monitored that a certain Whale incurred a loss of $208,000 yesterday due to shorting ETH. After ETH rose to $1,800 last night, he continued to short 4,000 ETH.
◎The Whale bought back the 8,000 ETH it shorted yesterday afternoon to close the position, incurring a loss of $208,000.
◎Last night at midnight, ETH once again stood above $1,800, as it borrowed 4,000 ETH ($7.25 million) from Aave to sell short at a price of $1,808.6.
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
A certain Whale borrowed 4,000 ETH from Aave again last night and sold it short at a price of 1808.6 USD.
According to JinSe Finance, on-chain analyst Yu Jin monitored that a certain Whale incurred a loss of $208,000 yesterday due to shorting ETH. After ETH rose to $1,800 last night, he continued to short 4,000 ETH. ◎The Whale bought back the 8,000 ETH it shorted yesterday afternoon to close the position, incurring a loss of $208,000. ◎Last night at midnight, ETH once again stood above $1,800, as it borrowed 4,000 ETH ($7.25 million) from Aave to sell short at a price of $1,808.6.