PANews reported on April 26 that according to on-chain analyst Yu Jin's monitoring, a whale who previously short sold 8,000 ETH continued to short 4,000 ETH after ETH rose to $1,800. The whale bought back the previously short sold 8,000 ETH yesterday afternoon to close the position, incurring a loss of $208,000. Last night, ETH returned above $1,800, and then again borrowed 4,000 ETH (worth $7.25 million) from Aave to short sell at a price of $1,808.6.
