A whale "sells low and buys high" and misses out on potential gains of $42.64 million

according to EmberCN monitoring, a certain whale address "sold low and bought high", turning 35,754 ETH into 19,302 ETH, losing $42.64 million.

The address sold 50,754 ETH at a price of $1,754 on April 23, exchanged for 89.03 million USDT, of which 15,000 ETH were borrowed for short selling. Then, 27 days later today, the 89.03 million USDT was bought back at a price of $2,592 to become 34,343 ETH.

In terms of ETH quantity, he lost 16,452 ETH: the original 35,754 ETH became 19,302 ETH. In terms of value, he lost $42.64 million: he now holds 19,302 ETH worth $50.04 million, while 35,754 ETH is currently worth $92.69 million.