A certain ETH whale failed to chase short $10.58 million at $1764.7, and currently has a floating loss of $186000

PANews|May 01, 2025 00:54
According to the monitoring by Yu Jin, a whale who used to short when the price of Ethereum (ETH) reached $1800 as usual, bought short this time when the ETH price fell to $1764.7 and borrowed 6000 ETH (approximately $10.58 million) to sell. However, the current ETH price has rebounded to $1796.11, and the whale's short selling operation has incurred a loss of $186000. This investor's recent short selling operations have all ended in losses.
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