Data: A certain whale has cumulatively shorted 44,000 ETH, currently facing an unrealized loss of 3.08 million USD

According to on-chain analyst Yu Jin (@EmberCN), a giant whale address has increased its holdings after the recent rebound of ETH, borrowing 9,000 ETH from Aave and transferring it to Binance, and then withdrawing 16.37 million USDT to complete the selling operation. Currently, this address has shorted a total of 44,000 ETH (worth approximately 78.89 million USD), with an average short price of 1,702 USD. As the price of ETH rises, the current unrealized loss is approximately 3.08 million USD.