PANews reported on November 4th that, according to on-chain analyst Yu Jin, a whale/institution that shorted 66,000 ETH for a profit of $23.31 million appears to have switched from short to long positions and is now buying ETH at the bottom. Just an hour and a half ago, this whale transferred 91.2 million USDC to Binance and then withdrew 110,000 ETH ($386 million) from Binance. If we include the 64,000 ETH he previously repaid from his short position, he has withdrawn a total of 174,144 ETH ($621 million) from Binance in the past day.
A "whale/institution" that "borrowed and shorted 66,000 ETH, making a profit of $23.31 million," has just withdrawn 110,000 ETH from Binance.
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Author: PA一线
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