🚨 Whale's $40M+ ETH Loss Shocks Crypto Twitter! 🐋💸💥
According to Odaily 📰, crypto analyst Yu Jin spotted a massive loss by a whale 🐳 who tried to short Ethereum ($ETH )… and failed big time! 😬
🔻 Here’s what happened:
💰 Back in April, the whale sold 50K+ $ETH at around $1.7K each — cashing out roughly $89M $USDT. This included 15K ETH they borrowed to short the market! 🤯
⏳ Fast forward 27 days...
📈 ETH price pumped to $2.5K+, and the whale had to buy back just 34K ETH with the same $89M.
📉 End result? They now hold only 19K ETH instead of 35K+ — losing 16K ETH in the process! 😵💫
💔 That’s a $40M+ loss... all because the short didn't go as planned. Their current ETH bag is worth ~$50M, but if they held, it would’ve been over $90M! 💀
👉 Moral of the story: Don’t fight the bull when ETH starts running! 🐂⚡
