The success rate of short selling ETH at the top is 0; a whale has shorted 5,000 ETH again in the past 50 minutes
According to on-chain analyst Ember's monitoring, the recent attempts to short ETH at the peak have resulted in a 0% success rate. A whale borrowed 5,000 ETH ($12.45 million) from Aave in the past 50 minutes and shorted it at a price of $2,491. The last time he shorted 10,000 ETH, he closed the position before ETH surged, resulting in a loss of only $430,000. If he hadn't closed the position, the loss would now amount to $7 million.
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