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A whale shorted 44,000 ETH worth $78.89 million, and is currently experiencing a paper loss of $3.08 million.

2026-06-16 04:27:10
Shareshare
According to Odaily Planet Daily, based on monitoring by on-chain analyst Yu Jin, a whale who recently shorted ETH continued to short ETH by 9,000 ETH after the ETH rebound. The whale borrowed 9,000 ETH from Aave and transferred it to Binance, subsequently withdrawing 16.37 million USDT. This whale currently shorts 44,000 ETH, worth $78.89 million, with an average shorting price of $1,702, and is currently experiencing a floating loss of $3.08 million.
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