CoinWorld news, on January 8, according to EmberCN monitoring, ETH wave giant whales chose to 'cut losses' 5 hours ago by closing half of their short positions: spending 36.12 million USDT to buy back 10,531 ETH at a price of $3,430 and repaying. Their average short selling cost is $3,458, and they have already realized a loss of $1.24 million. The remaining short position is: 11,088 ETH ($37.85M).