According to @EmberCN, a prominent whale known for recent unsuccessful attempts at shorting Ethereum (ETH) has once again closed a losing short position, buying back 5,000 ETH at $2,509 to cover and immediately switching to a long, accumulating 10,000 ETH worth $25.09 million via looped borrowing. This whale’s latest short resulted in a $90,000 loss, continuing their 0% win rate on ETH shorts. The aggressive shift to a substantial long position could influence market sentiment and trigger higher volatility for ETH, presenting new opportunities and risks for active traders (Source: @EmberCN on Twitter, debank.com).