Data: Borrowed coins to short 4000 ETH, large whale closed position on 3800 ETH, loss of 29,500 USD

ChainCatcher news, according to on-chain analyst @ai 9684xtpa monitoring, on April 25, a whale who shorted 4000 ETH by borrowing coins bought back 3851 ETH (approximately 6.99 million USD) at an average price of $1816.4 in the past 15 minutes, and then closed out 3800 ETH of short positions, incurring a loss of $29,500.

Currently, there are only 200 ETH short positions remaining, and the cumulative loss from shorting ETH by borrowing coins has expanded to $413,000 since April 22.