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A ETH band giant whale "cut meat" half short position, has realized a loss of 1.24 million US dollars

According to on-chain analyst Ember monitoring, the band whale chose to cut off half of the sell short position 5 hours ago, spending 36.12 million USDT to buy back 10,531 ETH at a price of 3,430 and repay. And his comprehensive sell short cost is 3,458 US dollars, which means that the closed positions achieved a loss of 124,000 US dollars. The sell short position he still holds is -11,088 ETH (37.85 million US dollars).