The whale failed to short ETH and sold at a high price, losing nearly $490,000
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Planet Daily News: According to @ai_9684xtpa monitoring, a whale who short sold 5000 ETH at the low point on March 12 cleared out and cut losses in the early morning today, with a loss of approximately $489,000. The address had previously mortgaged USDT through Aave to borrow and sell short 5000 ETH when ETH dropped to $1917. Subsequently, ETH oscillated and rose by about 5%. The whale ultimately bought back ETH at $2015 four hours ago and completed the repayment, declaring a loss from this operation.
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