Whale Profits from Shorting ETH, Cashes Out 4,386 ETH for $233,000
On June 11, on-chain analyst @ai_9684xtpa reported that a whale shorting $ETH has once again taken profits by cashing out 4,386 ETH, realizing a profit of $233,000. The whale currently has 99.75 million USDT collateralized to borrow 23,618.97 ETH for shorting, with an average price of $1,672. Since yesterday, they have cumulatively taken profits on 11,386 ETH, achieving a total profit of $423,000.
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