Data: A certain low-position short seller of ETH has "cut losses" today, with a loss of nearly $489,000

ChainCatcher news, according to monitoring by ai_9684xtpa, a giant whale that shorted 5,000 ETH at the low on March 12 has liquidated their position 4 hours ago, incurring a loss of $489,000.

When ETH dropped to $1,917, they collateralized USDT on Aave and borrowed 5,000 to short sell. Subsequently, ETH continued to fluctuate and rose by 5%. Finally, 4 hours ago, when the market rebounded, they chose to cut losses, buying back all ETH at $2,015 and repaying the loan.