🚀 Gate.io #Launchpad# for Puffverse (PFVS) is Live!
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⏰ Commitment Time: 03:00 AM, May 13th - 12:00 PM, May 16th (UTC)
💰 Total Allocation: 10,000,000 #PFVS#
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Learn More: https://www.gate.io/article/44878
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"Whale shorting ETH at the highest price of $1800" closes position, losing $430,000.
According to BlockBeats news on May 7, EmberCN monitoring reported that "recently, a whale has been shorting ETH at the highest price of $1800 multiple times" and has bought back ETH to repay and close the position in the past half hour. This shorting of 10,000 ETH resulted in a loss of $430,000. The whale shorted 10,000 ETH at an average price of $1,791 on May 1, and after holding for a week, bought back ETH at an average price of $1,834 to repay the short position.