BTC $64,098.78 +0.80%
ETH $1,894.10 -0.47%
BNB $599.99 -0.97%
XRP $0.9957 -0.41%
SOL $76.00 +0.63%
TRX $0.3321 +0.14%
DOGE $0.0697 -0.66%
ADA $0.1741 +0.00%
BCH $203.18 -0.32%
LINK $9.40 -0.90%
HYPE $59.23 +0.21%
AAVE $88.86 +2.31%
SUI $0.6516 -3.67%
XLM $0.1535 -2.55%
ZEC $501.95 -1.97%
BTC $64,098.78 +0.80%
ETH $1,894.10 -0.47%
BNB $599.99 -0.97%
XRP $0.9957 -0.41%
SOL $76.00 +0.63%
TRX $0.3321 +0.14%
DOGE $0.0697 -0.66%
ADA $0.1741 +0.00%
BCH $203.18 -0.32%
LINK $9.40 -0.90%
HYPE $59.23 +0.21%
AAVE $88.86 +2.31%
SUI $0.6516 -3.67%
XLM $0.1535 -2.55%
ZEC $501.95 -1.97%

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

2024-01-25 23:58:13

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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