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ETH $2,295.96 -2.19%
BNB $621.82 -1.26%
XRP $1.42 -0.92%
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ADA $0.2456 -0.91%
BCH $439.36 -1.15%
LINK $9.14 -1.61%
HYPE $41.45 -6.17%
AAVE $89.80 -14.24%
SUI $0.9394 -1.44%
XLM $0.1694 +0.90%
ZEC $304.26 -5.33%
BTC $74,801.71 -1.13%
ETH $2,295.96 -2.19%
BNB $621.82 -1.26%
XRP $1.42 -0.92%
SOL $85.11 -1.24%
TRX $0.3330 +1.07%
DOGE $0.0941 -0.63%
ADA $0.2456 -0.91%
BCH $439.36 -1.15%
LINK $9.14 -1.61%
HYPE $41.45 -6.17%
AAVE $89.80 -14.24%
SUI $0.9394 -1.44%
XLM $0.1694 +0.90%
ZEC $304.26 -5.33%

Data: A certain whale shorted $14.72 million worth of ETH, making a profit of $497,000

2024-01-25 23:58:13
Collection

According to ChainCatcher news, on-chain analyst @ai_9684xtpa monitored that a high-win-rate whale, which previously focused on long positions, borrowed 6,600 ETH from Maker 7 hours ago and sold it all at an average price of $2,230, worth $14.72 million.

Subsequently, the whale bought back all the tokens at an average price of $2,208 when ETH dropped and repaid the loan, ultimately making a profit of $497,000.

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