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BTC $62,688.64 -0.90%
ETH $1,670.10 +0.21%
BNB $598.07 -0.13%
XRP $1.14 +0.73%
SOL $66.09 -0.06%
TRX $0.3207 -1.66%
DOGE $0.0853 -0.24%
ADA $0.1671 +1.91%
BCH $206.50 -0.10%
LINK $7.85 -0.49%
HYPE $62.08 +0.71%
AAVE $61.99 -1.81%
SUI $0.7452 -0.67%
XLM $0.1970 -1.87%
ZEC $472.79 +10.41%
BTC $62,688.64 -0.90%
ETH $1,670.10 +0.21%
BNB $598.07 -0.13%
XRP $1.14 +0.73%
SOL $66.09 -0.06%
TRX $0.3207 -1.66%
DOGE $0.0853 -0.24%
ADA $0.1671 +1.91%
BCH $206.50 -0.10%
LINK $7.85 -0.49%
HYPE $62.08 +0.71%
AAVE $61.99 -1.81%
SUI $0.7452 -0.67%
XLM $0.1970 -1.87%
ZEC $472.79 +10.41%

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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