A certain Whale missed a potential profit of 42.64 million dollars by "selling low and buying high."

GateUser-6433627c · 2025-05-30T15:54:16+00:00

A certain whale sold 35,754 ETH at a low price for USDT, among which 15,000 ETH was borrowed to short sell. After 27 days, they repurchased ETH at a high price, incurring a loss of 16,452 ETH and 42.64 million USD.

GateUser-6433627c

2025-05-30 15:54:16

Abstract generation in progress

On May 30, according to EmberCN’s monitoring, a giant whale address “sold low and bought high”, turning 35,754 ETH into 19,302 ETH, losing $42.64 million. The address sold 50,754 ETH for 89.03 million USDT at a price of $1,754 on April 23, of which 15,000 ETH was borrowed and sold short. Then, 27 days later, today, the 89.03 million USDT was bought back into 34,343 ETH at a price of $2,592. In terms of the amount of ETH, he lost 16,452 ETH: the 35,754 ETH he originally held became 19,302 ETH. And in value terms, he lost $42.64 million: the 19,302 ETH he now holds is worth $50.04 million, while the 35,754 ETH is currently worth $92.69 million.

ETH1,13%

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