Golden Finance reports that according to on-chain analyst Yu Jin's monitoring, a large ETH whale chose to cut losses 5 hours ago, closing half of its short position by spending 36.12 million USDT to buy back 10,531 ETH at a price of $3,430, and repaying the loan. Its overall short cost is $3,458, meaning that the closed positions realized a loss of $124 million. The remaining short position held is 11,088 ETH (37.85 million USD).