BlockBeats news, on May 11, according to on-chain analyst Yu Jin, "the recent multiple short at the highest price of ETH has a win rate of 0". The whale borrowed 5,000 ETH (12.45 million USD) from Aave in the past 50 minutes and then shorted it at a price of 2,491 USD. His last short of 10,000 ETH was closed before the explosive rise of ETH, resulting in a loss of only 430,000 USD. If he hadn’t closed the position, the loss would now reach 7 million USD.