On July 28, according to on-chain analyst Yu Jin's monitoring, the "ETH 75% win rate whale" shorted ETH again: he transferred 4.68 million USDC to Hyperliquid 3 hours ago, and then opened a short position of 20,000 ETH (worth $77.43 million) with 20x leverage.
Last time he shorted 50,000 ETH in June, with a maximum floating profit of $22.83 million without closing the position. Until ETH began to rise rapidly in early July, he closed the short position near the cost line and still lost $710,000. His position details:
20x short of 20,000 ETH, position value of $77.43 million, opening price of $3,843, liquidation price of $3,997.
