According to monitoring by on-chain analyst @ai_9684xtpa, the whale, which once had a 100% winning rate, once again lost nearly US$4 million in the latest round of swings.
In the past 13 hours, the swing whale, which had a liquidation loss of US$3.17 million on January 24, bought back 8,996 ETH (worth US$24.99 million) at an average price of US$2,778 and used it to repay the loan.
Previously, he lent 7,354 ETH and sold it short between January 26 and January 27, with an average price of $2,234. In recent days, ETH has continued to rise, and he could only close the position at a loss.