[Whale shorted 66,000 ETH and made $20M profit] The whale/institution that borrowed and shorted 66,000 ETH at $4,032 half a month ago is definitely one of the biggest winners in this drop. It's estimated that this borrowing and shorting move earned them $20M. ◎ On October 20, they collateralized $700M USDC and borrowed 66,000 ETH ($262M), transferring it to Binance, likely shorting at the $4,032 price point. ◎ After consecutive drops, they withdrew 40,041 ETH ($151.1M) from Binance yesterday and today to repay the loan, with an average price of $3,773. There are still 26,000 ETH left to buy back for repayment, but with ETH's current price, their overall $20M profit should be solid. Address: https://(((debank.com)))/profile/0x6e9e81efcc4cbff68ed04c4a90aea33cb22c8c89 https://(((debank.com)))/profile/0xe5c248d8d3f3871bd0f68e9c4743459c43bb4e4c https://(((debank.com)))/profile/0x85e05c10db73499fbdecab0dfbb794a446feeec8