TechFlow news, October 7 — According to on-chain analyst Yujin's monitoring, a whale investor once made nearly $10 million in unrealized profit from shorting ETH, but has now given back almost all of those gains.
· On September 13, opened a short position of 10,796 ETH at $4,718; ETH subsequently continued to decline;
· On September 25, ETH dropped to $3,815, at which point the short position had an unrealized profit of $9.75 million;
· Now, ETH has risen back near the whale’s entry price, and the unrealized profit has been almost entirely erased.
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