Previously, the whale that borrowed coins to short ETH seems to have turned bullish, having withdrawn 144,255 ETH from Binance

According to on-chain analyst Yu Jin's monitoring, a whale/institution that borrowed 66,000 ETH for short selling on October 20 has seemingly shifted to a long position after buying back and repaying with a profit of $24.48 million yesterday: from last night to this morning, he transferred a total of 482 million USDC into Binance, and then withdrew 144,255 ETH from Binance, with an average price possibly around $3,341.

This USDC was the collateral for his short selling of ETH last month: he had withdrawn 700 million USDC from Binance to collateralize and borrow 66,000 ETH on Aave for short selling. After repaying the ETH yesterday, he retrieved the USDC collateral to start buying ETH.