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ETH $2,303.78 +0.79%
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XLM $0.1593 -0.22%
ZEC $376.89 +7.73%
BTC $78,312.45 +1.21%
ETH $2,303.78 +0.79%
BNB $615.66 -0.39%
XRP $1.38 +0.48%
SOL $83.79 -0.39%
TRX $0.3299 +1.26%
DOGE $0.1078 -0.51%
ADA $0.2479 -0.46%
BCH $449.38 +1.30%
LINK $9.08 -1.01%
HYPE $41.96 +3.80%
AAVE $92.09 -0.72%
SUI $0.9166 +0.05%
XLM $0.1593 -0.22%
ZEC $376.89 +7.73%

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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