According to @ai_analysis, a major ETH whale who opened a 4,000 ETH short position on April 25 has just bought back 3,851 ETH at an average price of $1,816.4 within the past 15 minutes, totaling $7 million. The whale then closed 3,800 ETH of shorts, incurring a $29,500 loss. Only 200 ETH shorts remain, and since April 22, cumulative shorting losses have reached $413,000. This trend indicates rising risk for aggressive short positions as prior profits are nearly erased, signaling increased volatility and potential short squeezes for ETH traders (Source: @ai_analysis).

According to @EmberCN, 波段老哥 repurchased the 2,000 ETH ($7.29M) short position he added to earlier in the morning on January 6, 2025, indicating he will not further increase his short position. He is currently at a floating loss of $3.93M, facing the decision to cut losses or hold.