According to on-chain analyst Yu Jin's monitoring, a certain whale's bet on the rise of ETH has failed for the third time:

◎ A week ago, after ETH surged to $3,400 and began to correct, he entered at $3,300, betting that ETH would continue to rise. Unfortunately, ETH did not continue to rise and instead corrected all the way down to $3,000;

◎ Last night, as ETH finally rose a bit, this whale chose to cut losses and liquidate 6 hours ago: he sold 10,364.2 ETH at a price of $3,181, which he had bought last week at $3,300, incurring a loss of $1.22 million.

◎ His 16th round of trading ended in failure, with 13 wins and 3 losses in 16 rounds.