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The whale who previously shorted 66,000 ETH via borrowing is suspected of switching from short to long positions to buy ETH at the bottom.

2025-11-046537 Views

according to on-chain analyst Ember (@EmberCN), a whale/institution that previously made a profit of 23.31 million US dollars by borrowing and shorting 66,000 ETH transferred 91.2 million USDC to Binance an hour and a half ago, and then withdrew 110,000 ETH (worth 386 million US dollars) from Binance.

The whale who previously shorted 66,000 ETH via borrowing is suspected of switching from short to long positions to buy ETH at the bottom.

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