PANews reported on April 26 that according to monitoring by on-chain analyst Ember, a whale who had borrowed money to short sell 8,000 ETH continued to short sell 4,000 ETH after ETH rose to $1,800. The whale bought back the 8,000 ETH that he had shorted yesterday afternoon and closed his position, losing $208,000. Last night, ETH rose back to $1,800, so he borrowed 4,000 ETH (7.25 million U.S. dollars) from Aave again and sold it short at $1,808.6.
The whale who once shorted 8,000 ETH and suffered losses shorted 4,000 ETH again
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