Data: A certain whale reduced its position by 20,000 ETH short, turning a floating profit of 12.25 million dollars into a loss of 840,000 dollars

According to ChainCatcher news, on-chain analyst Yu Jin monitored that a trader with a win rate of 75% in Ethereum has today stopped loss and reduced their position by 20,000 ETH (approximately 68 million USD) in a short position. This trader previously held a total short position of 50,000 ETH, turning from an unrealized profit of 12.25 million USD yesterday to a loss of 840,000 USD.

Currently, this trader still holds a short position of 30,000 ETH, valued at approximately 110 million USD, with an opening price of 3,634 USD and a liquidation price of 3,701 USD.