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A certain Whale swing trader sold ETH Spot for a profit of $7.42 million, but suffered unrealized losses of $9.44 million from shorting ETH.
BlockBeats news, on July 18th, according to on-chain data analyst Yu Jin's monitoring, a trader with an [81% win rate in swing trading ETH and BTC] transferred 5 million U to an address that opened a short order for ETH 5 hours ago to supplement their margin. Data shows that the trader started shorting ETH at 2,969 USD on July 12th, and then closed all positions in ETH spot at 3,051 USD on July 14th. Selling ETH spot earned a profit of 7.42 million USD, but currently, the shorting of ETH has unrealized losses of 9.44 million USD.