A certain whale closed BTC and ETH short positions early in the morning and made a profit of 3.07 million US dollars, then bought ETH spot and gained a floating profit of 720000 US dollars

According to on chain analyst Yu Jin's monitoring, a giant whale profited from closing BTC and ETH short positions at the lowest point before the rebound at 1am, and then bought ETH spot in reverse. He basically flattened his short positions worth $62.8 million at the lowest point before the rebound: BTC was tied at around $101400 and ETH was tied at around $2224. These empty positions earned him $3.07 million. He bought 6037 ETH for $13.88 million after closing the position, with an average price of $2299. Now there is a floating profit of 720000 US dollars.