BlockBeats News, on January 8, according to monitoring by EmberCN, ETH band whales chose to 'cut losses' and closed half of their short positions 5 hours ago: spending 36.12 million USDT to buy back 10,531 ETH at a price of $3,430 and repaying their debt. Their overall short selling cost is $3,458, resulting in a realized loss of 1.24 million dollars. Currently, the remaining short position is: 11,088 ETH ($37.85M).

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