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A certain whale bought back the 5000 ETH it shorted last night to repay and close the position, and purchased 10,000 ETH in the form of a revolving loan.
PANews May 12 news, according to on-chain analyst Yu Jin's monitoring, recently whales that have repeatedly shorted ETH at the highest price with a win rate of 0 have shifted from short to long 7 hours ago: buying back and repaying the 5,000 ETH (approximately 12.54 million USD) shorted last night at a price of 2,509 USD, and then using a revolving loan to purchase 10,000 ETH (approximately 25.09 million USD). His short this time ended in failure as well, with a loss of $90,000. He continues to maintain a short win rate of 0.