PANews reported on August 3rd that according to monitoring by on-chain analyst Ember, [the whale with a 75% win rate in four ETH battles] increased his short position by another 10,000 ETH 3 hours ago and now holds a short position of 50,000 ETH (US$170 million), with a floating profit of US$12.25 million.

This whale initiated a short position of 20,000 ETH at $3,843 on July 28th. After successfully betting on the right direction and generating a profit, they began rolling their position: adding another 20,000 ETH to their short position yesterday morning and another 10,000 ETH this morning. Their current position is 15x short of 50,000 ETH, valued at $170 million, with an opening price of $3,634 and a liquidation price of $3,634.