"Whale with a 100% Win Rate in Three ETH Trades Closes 50,000 ETH Short Position, Incurring a Loss of $710,000"
According to Jinse Finance, on-chain analyst Yujin has monitored that the "Three-Time ETH 100% Win Rate Whale" has closed out its 50,000 ETH short position, incurring a loss of approximately $710,000. This whale began building the short position on June 11, and when ETH dropped to $2,200 on June 23, the position had reached an unrealized profit of up to $22.83 million. As ETH's price rebounded and surpassed the whale's entry price of $2,725, the entire position was closed today at $2,740. Despite the loss on this trade, the whale still maintains a total profit of $4.88 million from ETH trading.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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