A whale short-sold 44,000 ETH worth $78.89 million, currently facing an unrealized loss of $3.08 million

The Odaily星球日报 report states: According to monitoring by on-chain analyst Ember, after the ETH rebound, a whale who had recently been shorting ETH continued to short an additional 9,000 ETH. The whale borrowed 9,000 ETH from Aave and transferred them to Binance, then withdrew 16.37 million USDT. The whale has currently shorted a total of 44,000 ETH, worth $78.89 million, at an average short price of $1,702, and is now facing an unrealized loss of $3.08 million.