A whale that borrowed 5,000 ETH for short selling a month ago has chosen to close the position

Jan 02, 2026 19:06:50

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According to on-chain analyst Yu Jin's monitoring, a whale that borrowed 5,000 ETH for short selling a month ago chose to close their position, withdrawing 4,830 ETH from Binance to repay on-chain. This whale made approximately $390,000 from short selling ETH: borrowing the coins at $3,132 on 12/5 and buying back ETH today at $3,054 for repayment.

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