According to BlockBeats on January 7, monitoring by EmberCN revealed that an Ethereum (ETH) whale, who previously expanded their short positions significantly, is now approaching their breakeven point amid the market's decline. At one stage, the whale faced an unrealized loss of $5 million. Currently, the whale's short position amounts to 21,619 ETH, valued at approximately $74.72 million, with an average entry price of $3,458 per ETH.