On-chain analysis reveals a high-stakes ETH play by a whale who previously profited significantly from swing trading. According to ai_9684xtpa, this trader, who amassed $1.029 million in ETH gains since April 13th, has re-established a short position on Ethereum. This move comes after a less successful attempt to short ETH between April 22nd and 25th, resulting in a $382,000 loss. Undeterred, the whale borrowed 4000 ETH (approximately $7.25 million) from Aave to initiate this new short. This bold strategy highlights the volatility and potential rewards (and risks) associated with ETH trading, even for experienced players with substantial capital. The market will be watching closely to see if this latest short position proves more profitable than the last. ```

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