BlockBeats news, on May 11, according to on-chain analyst Yu Jin's monitoring, 'recently multiple top shorting of ETH has a win rate of 0'. Whales borrowed 5,000 ETH (12.45 million USD) from Aave in the past 50 minutes and then shorted it at a price of 2,491 USD.
His last short of 10,000 ETH was bought back to close before ETH exploded, resulting in a loss of only 430,000 USD. If he hadn't closed, he would now be facing a loss of 7 million USD.
