ChainCatcher message, the latest monitoring by on-chain analyst Yu Jin shows that a short-selling operation by an ETH whale has drawn attention. Previously, this whale faced an unrealized loss of nearly 5 million dollars due to ETH price fluctuations in the early hours of the 7th. However, with the downward trend in the market, this whale's strategy has reversed, and the unrealized profit has now reached 2.45 million dollars.
It is worth noting that if this whale had not reduced half of its position in the early hours of yesterday, the unrealized profit would have reached 4.9 million dollars. This case vividly demonstrates the impact of market volatility on investment strategies and the importance of on-chain data analysis in real-time monitoring.