A whale borrowed 5,000 ETH from Aave in the past 50 minutes and sold it short at $2,491
2025-05-11 14:29
Odaily News According to on-chain analyst Ember, “the whale who has sold short $ETH at the top several times recently with a 0% win rate]” started:
He borrowed 5,000 ETH ($12.45 million) from Aave in the past 50 minutes and then shorted it at $2,491.
Luckily, he was able to close his 10,000 ETH short position before the price of ETH skyrocketed, and only lost $430,000. If he hadn’t closed his position, he would have lost $7 million.
