A whale shorted 44,000 ETH worth $78.89 million, currently facing an unrealized loss of $3.08 million
2026-06-16 04:27
Odaily Planet Daily News According to on-chain analyst Yujin, a whale that has been shorting ETH has continued to short another 9,000 ETH following the ETH rebound. The whale borrowed 9,000 ETH from Aave and transferred it to Binance, subsequently withdrawing 16.37 million USDT. The whale is currently shorting 44,000 ETH, worth $78.89 million, with an average short price of $1,702, and is currently facing an unrealized loss of $3.08 million.
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