According to ChainNews' latest report on May 1st by COINOTAG News, a market participant identified as a "whale" has shorted Ethereum (ETH). This investor shorted 10,000 ETH at an average valuation of $1,791, resulting in an estimated floating loss of $510,000. Moreover, within just one hour, this investor shorted another 4,000 ETH, increasing their exposure. Against the backdrop of continued volatility in the cryptocurrency space, this strategic move has raised concerns about market sentiment and its potential impact on ETH prices.
