ChainCatcher Latest News: On-chain analyst Yu Jin's monitoring shows that a swing whale made a large-scale operation 5 hours ago. He chose to close half of his short position, specifically spending 36.12 million USDT to buy back 10,531 ETH at a price of $3,430 each and complete the repayment. Notably, the whale's average short cost was $3,458 each, which means he incurred an actual loss of $1.24 million in this operation.

Currently, this whale still holds a short position of 11,088 ETH, valued at approximately $37.85 million. This operation has sparked market attention on the price trend of ETH, while also providing a new perspective for on-chain data analysis.