A whale who previously lost $35.84 million longing ETH is now shorting Ethereum, with a liquidation price of $4,594.
According to Jinse Finance, on-chain analyst Yu Jin monitored that the whale who lost $35.84 million by longing ETH and then switched to shorting BTC, has now lost another $7.5 million shorting BTC and today has changed targets again to short ETH. In just one month, this whale has lost $43.33 million, with less than $1 million left in the address. Seven hours ago (UTC+8), the whale closed all BTC short positions and then opened a short on ETH: currently, he has shorted 5,432 ETH at a price of $4,485 (about $24.5 million), with a liquidation price at $4,594.
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