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The "Three Battles ETH 100% Win Rate Whale" has stopped loss and closed position, resulting in a final loss of $710,000.
PANews, July 10, news from on-chain analyst Yu Jin monitoring, as the ETH price rises, the "Whale with a 100% win rate in the Three Battles of ETH" closed position after the ETH price broke through its short position cost price. This whale experienced unrealized gains of up to 22.83 million USD from the shorting to the peak, ultimately losing 710,000 USD, enduring a huge price fluctuation. The whale shorted 50,000 ETH on June 11 and has held it since. On June 23, when ETH dropped to $2,200, its position had unrealized gains of up to $22.83 million. Today, the price of ETH rose above its short entry price ($2,725), and the whale ultimately closed the position of 50,000 ETH shorts at a price of $2,740, incurring a loss of $710,000.