PANews, July 10 news, according to on-chain analyst Yu Jin's monitoring, as the price of ETH rises, the 'Three Battles ETH 100% Win Rate Whale' stopped loss and closed positions after the ETH price broke through its short opening cost price. This whale experienced a maximum floating profit of 22.83 million USD from opening shorts to the peak, ultimately incurring a loss of 710,000 USD, going through a huge price fluctuation.
This whale opened a short position of 50,000 ETH on June 11 and held it until now. On June 23, when ETH dropped to 2,200 USD, its position had a maximum floating profit of 22.83 million USD. Today, as the ETH price rose and broke through its short opening cost price (2,725 USD), this whale ultimately closed its short position of 50,000 ETH at a price of 2,740 USD, incurring a loss of 710,000 USD.