PANews May 30 news, according to Yu Jin, a giant whale suffered significant losses in ETH operations: On April 23, the whale sold a total of 50,754 ETH at a price of $1,754, exchanging it for $89.03 million USDT, of which 15,000 were borrowed coins sold short; today, it repurchased only 34,343 ETH at a price of $2,592 using the same USDT, leaving a net of 19,302 ETH after repaying the borrowed coins.
At the current price, its ETH holdings have shrunk to $50.04 million, a decrease of $42.64 million from the original holding value of $92.69 million, resulting in a loss of approximately 16,452 ETH.
