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ChainCatcher reports that the on-chain analyst Yu Jin monitored that "recently, the whales who have shorted at the highest price with a win rate of 0" borrowed 5,000 ETH (12.45 million USD) from Aave in the past 50 minutes and then shorted it at a price of 2,491 USD.
After shorting 10,000 ETH last time, he bought back to close the position before the ETH surge, only losing 430,000 USD. If he had held without closing, he would have lost 7 million USD. #Launchpad 首发上线 PFVS#
After shorting 10,000 ETH last time, he bought back to close the position before the explosion of ETH, only losing 430,000 USD. If he had held without closing, he would have lost 7 million USD.
After their last short of 10,000 ETH, they closed the position before ETH skyrocketed, only losing 430,000 USD. If they had held the position until now, they would have lost 7 million USD. #Launchpad 首发上线 PFVS#
After shorting 10,000 ETH last time, he bought back to close position before ETH skyrocketed, incurring a loss of 430,000 USD. If he had held it until now without closing position, he would have lost 7 million USD.