A whale bought back the 5,000 ETH that it had shorted last night to repay its position and purchased 10,000 ETH in the form of a revolving loan.

PANews reported on May 12 that according to monitoring by on-chain analyst Ember, the whale who had recently sold ETH at the top with a win rate of 0 closed his short position and turned long 7 hours ago: he bought back the 5,000 ETH (about 12.54 million US dollars) he shorted last night at a price of US$2,509 to repay and close his position, and then purchased 10,000 ETH (about 25.09 million US dollars) in the form of a revolving loan.

His short selling this time still ended in failure, with a loss of $90,000. He continued to maintain a 0 win rate in short selling.