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TechFlow news: On January 8, according to on-chain analyst Ender's monitoring, a whale closed half of their short position five hours ago:
They spent 36.12 million USDT to buy back 10,531 ETH at $3,430 and repay the loan. Their average short cost was $3,458, resulting in an actual loss of $1.24 million.
They still hold an open short position of 11,088 ETH (worth $37.85 million).
According to on-chain analyst Yujin, a wave whale five hours ago decided to cut losses by closing half of its short position: spending 36.12 million USDT to buy back 10,531 ETH at a price of $3,430 and repay the loan. Its average short cost was $3,458, resulting in an actual loss of $1.24 million. It still holds a remaining short position of 11,088 ETH (worth $37.85 million).
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