ChainCatcher reports, according to on-chain analyst @ai 9684xtpa's monitoring, the wave of whales who borrowed to short 4,000 ETH on April 25th bought back 3,851 ETH at an average price of $1,816.4 (approximately $6.99 million) in the past 15 minutes, and then closed 3,800 ETH short positions, incurring a loss of $29,500.
Currently, the whale has only 200 ETH short positions remaining, and the cumulative loss from shorting ETH since April 22nd has expanded to $413,000.

