A giant whale missed out on a potential profit of 42.64 million US dollars by 'throwing low and sucking high'

律动BlockBeats
律动BlockBeats|May 30, 2025 15:54
BlockBeats News: On May 30th, according to EmberCN monitoring, a certain whale address "sold low and bought high", converting 35754 ETH into 19302 ETH and losing $42.64 million. On April 23rd, the address sold 50754 ETH for 89.03 million USDT at a price of $1754, of which 15000 ETH was borrowed for short selling. Then, 27 days later today, the 89.03 million USDT will be repurchased at a price of 2592 USD to become 34343 ETH. In terms of ETH quantity, he lost 16452 ETH: the originally held 35754 ETH became 19302 ETH. In terms of value, he lost $42.64 million: his current holdings of 19302 ETH are worth $50.04 million, while 35754 ETH are currently worth $92.69 million.
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