A whale converted from short to long at the price of $2509 and purchased 10000 ETH in the form of a revolving loan

金色财经|May 12, 2025 02:52
According to a report by Golden Finance, according to monitoring by EmberCN, a whale who has recently short sold Ethereum (ETH) multiple times with a zero win rate bought back 5000 ETH (approximately $12.54 million) that was short sold last night at a price of $2509 7 hours ago, completing the repayment and closing operation. Subsequently, the whale purchased 10000 ETH (approximately $25.09 million) through a revolving loan.
This short selling operation once again ended with a loss of $90000, and the whale's short selling win rate remains 0.
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