PANews May 12th news, according to on-chain analyst Ember's monitoring, a whale with a 0% success rate in shorting ETH after multiple attempts recently closed their short position and went long 7 hours ago: They repurchased 5,000 ETH (approximately $12.54 million) at a price of $2,509 to close the short position from last night, and then purchased 10,000 ETH (approximately $25.09 million) through a revolving loan.

This short sale also ended in failure, resulting in a loss of $90,000. The 0% success rate in shorting continues.