Top 1800 USD Short Selling ETH Whale "Repayment Closing, Loss of $430000

律动BlockBeats|May 07, 2025 08:29
BlockBeats News: On May 7th, according to EmberCN monitoring, "whales who have recently hit the top of $1800 and shorted ETH multiple times" bought back ETH to repay and close positions in the past half hour. This short sale of 10000 ETH resulted in a loss of $430000.
The whale sold 10000 ETH at an average price of $1791 on May 1st, and after holding for a week, bought back ETH at an average price of $1834 to repay the short position.
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