CoinVoice has recently learned that, according to on-chain analyst Yu Jin's monitoring, a whale who usually shorts when the price of Ethereum (ETH) reaches $1800 has this time chased the short when the price of ETH fell to $1764.7, borrowing 6000 ETH (about $10.58 million) to sell. However, the current price of ETH has rebounded to $1796.11, and the whale's short position has unrealized losses of $186,000. This investor's recent multiple short positions have all ended in losses.
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CoinVoice has recently learned that, according to on-chain analyst Yu Jin's monitoring, a whale who usually shorts when the price of Ethereum (ETH) reaches $1800 has this time chased the short when the price of ETH fell to $1764.7, borrowing 6000 ETH (about $10.58 million) to sell. However, the current price of ETH has rebounded to $1796.11, and the whale's short position has unrealized losses of $186,000. This investor's recent multiple short positions have all ended in losses.