CoinVoice has learned that, according to on-chain analyst Ember (@EmberCN), the "Three War $ETH 100% Win Rate Whale" has closed its short position of 50,000 ETH, incurring a loss of approximately 710,000 USD.

This whale began building its short position on June 11 and at one point obtained a floating profit of up to 22.83 million USD when ETH fell to 2,200 USD on June 23. As ETH's price rose above its opening cost price of 2,725 USD, this whale fully closed its position today at a price of 2,740 USD.

Despite this trade loss, the whale still maintains a total profit of 4.88 million USD from ETH trading. [Original link]