PANews reported on December 16 that according to on-chain analyst Ember’s monitoring, a trader who often trades ETH chose to short BTC this time. He deposited the USDT he had previously obtained from selling ETH into Aave as collateral, and borrowed 220 WBTC 9 hours ago, selling them at an average price of $102,366 in exchange for $22.52 million in USDT. However, as the price of BTC rose to $105,200, the transaction has now lost about $620,000.
A certain ETH band address chose to short sell BTC, and now has a floating loss of about $620,000
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