Recently, a large whale that has shorted ETH multiple times near $1800 sold 10,510.8 ETH (approximately $19.21 million) bought last night at a price of $1828.1 in the past one and a half hours.
This brother's 'if you can't beat them, join them' strategy has indeed worked, with this operation making a profit of about $261,000, which is quite astute.