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A certain whale address once again borrowed 4,000 ETH from Aave to sell short, with an average entry price of $1808.

3 days ago

On April 26th, as monitored by on-chain data analyst Yu Jin, a whale address once more borrowed 4,000 ETH from Aave (approximately $7.25 million) and sold it short at an average price of $1808.6. It is reported that the address bought back the 8,000 ETH that was borrowed for short selling yesterday afternoon to close the position, resulting in a loss of $208,000. Subsequently, after ETH retested $1,800, it borrowed again to sell short.
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