Data: "Three Battles ETH 100% Win Rate Whale" closed 50,000 ETH short positions, losing 710,000 USD

ChainCatcher news, according to on-chain analyst Ember (@EmberCN), the "Three War $ETH 100% Win Rate Whale" has closed its short position of 50,000 ETH, incurring a loss of approximately 710,000 USD.

This whale began establishing its short position on June 11 and at one point on June 23, when ETH dropped to 2,200 USD, it had floating profits of up to 22.83 million USD. As the price of ETH rose above its opening cost of 2,725 USD, this whale fully closed its position today at a price of 2,740 USD.

Despite this trading loss, the whale still maintains a total profit of 4.88 million USD from ETH trading.