A Major Whale Missed Potential Earnings of $42.64 Million by "Selling Low and Buying High"

ChainThink reports: According to EmberCN monitoring, a whale address "sold low and bought high", converting 35,754 ETH into 19,302 ETH, losing 42.64 million USD. This address sold 50,754 ETH at a price of 1,754 USD on April 23rd, exchanging it for 89,030,000 USDT, among which 15,000 ETH were short-sold. Then, 27 days later today, this 89,030,000 USDT was repurchased at a price of 2,592 USD, converting into 34,343 ETH. In terms of the number of ETH, he lost 16,452 ETH: originally holding 35,754 ETH became 19,302 ETH. In terms of value, he lost 42.64 million USD: the 19,302 ETH he currently holds is worth 50.04 million USD, while the original 35,754 ETH is now worth 92.69 million USD.