Whale's Recent Ethereum Shorting Strategy Yields No Success

According to BlockBeats On-chain Detection, recent attempts by a whale to short Ethereum (ETH) have been unsuccessful. In the past 50 minutes, the whale borrowed 5,000 ETH, valued at approximately $12. 45 million, from a decentralized finance platform and shorted it at a price of $2,491. Previously, the whale had shorted 10,000 ETH but closed the position before a significant price surge, incurring a loss of $430,000 source: https://www.binance.com/en/square/post/24106401123777?utm_source=BinanceNewsRSS