A Whale is cutting loss on shorting 50.82 million USD worth of ETH, incurring a loss of 1.6 million USD.

On September 30, according to EmberCN monitoring, a whale used 5 million USDC to short 12,372 ETH yesterday, with a position value of 50.82 million USD, cutting loss on stop loss. The entry price was 4112 USD, liquidation price was 4427 USD, and this morning it closed the short at 4225 USD, incurring a loss of 1.6 million USD.

ETH1.82%
USDC-0.01%
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