According to PANews, on-chain analyst Yu Jin monitored that a whale bought back 5,000 ETH at a price of $2,509, approximately $12.54 million, after shorting them last night, and also acquired 10,000 ETH, approximately $25.09 million.
This short-selling operation failed again, resulting in a loss of $90,000, maintaining a short-selling win rate of 0.
