PANews reported on January 2nd that, according to on-chain analyst Yu Jin, a whale who borrowed 5,000 ETH a month ago to short sell chose to close his position PANews reported on January 2nd that, according to on-chain analyst Yu Jin, a whale who borrowed 5,000 ETH a month ago to short sell chose to close his position
A whale who borrowed 5,000 ETH a month ago to short sell chose to close its position and withdrew 4,830 ETH from Binance to repay the loan on-chain.
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PANews reported on January 2nd that, according to on-chain analyst Yu Jin, a whale who borrowed 5,000 ETH a month ago to short sell chose to close his position and withdrew 4,830 ETH from Binance to repay the loan on-chain. He made approximately $390,000 from this short ETH sale: he borrowed ETH to short sell on December 5th when ETH was $3,132, and today he bought back ETH at $3,054 to repay the loan.
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