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An ETH whale has currently shorted 10,000 ETH, with a floating loss of $510,000

An ETH whale has currently shorted 10,000 ETH, with a floating loss of $510,000

CointimeCointime2025/05/01 11:44
By:Cointime

according to on-chain analyst Yu Jin's monitoring, the whale who has been repeatedly shorting ETH at $1,800 has now shorted 10,000 ETH ($17.9 million) at an average price of $1,791, with a floating loss of $510,000. In the past hour, he continued to borrow coins to short 4,000 ETH, bringing his short position to 10,000 ETH. The average short price is $1,791, with a current floating loss of $510,000.

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