"After the 1011 flash crash, the giant whale opened a short position" reduced its holdings by 24,639.69 ETH in the past 20 minutes, worth approximately $62.88 million.

ETH-2%

Odaily Planet Daily reported that on-chain analyst Ai Yi monitored that the “big whale shorting after the 1011 flash crash” reduced their ETH holdings by 24,639.69 ETH in the past 20 minutes, worth approximately $62.88 million. Since opening a long position on 2025.12.07, they have been liquidated for the first time, incurring a substantial loss of over $14.06 million. As a result, ETH temporarily dropped to $2,510, with a 24-hour decline of 8%. Currently, they still hold a long position worth $577 million, with an unrealized loss of $133 million.

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