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A whale shorted 44,000 ETH worth $78.89 million, currently facing a floating loss of $3.08 million

2026-06-16 04:27

Odaily Planet Daily News According to monitoring by on-chain analyst Yujin, a whale that recently shorted ETH continued to short another 9,000 ETH after the ETH rebound. The whale borrowed 9,000 ETH from Aave and transferred them to Binance, then withdrew 16.37 million USDT. Currently, the whale has shorted 44,000 ETH, worth $78.89 million, with an average short price of $1,702, and is currently facing a floating loss of $3.08 million.