PANews reported on May 7 that according to monitoring by Ember, the whale who had recently shorted Ethereum at around $1,800 has bought back ETH to close the position in the past half hour. In this operation, the whale shorted 10,000 ETH at an average price of $1,791 on May 1, and bought back ETH at an average price of $1,834 after holding the position for a week, resulting in a loss of $430,000.