Odaily Planet Daily News: According to on chain analyst Yu Jin's monitoring, a whale "turned" 35754 ETH into 19302 ETH due to low selling and high buying, losing $42.64 million.
He sold 50754 ETH at a price of $1754 on 4/23 for $89.03 million USDT, of which 15000 ETH was borrowed for short selling.
Then, 27 days later today, buy back $89.03 million USDT at a price of $2592 to convert it into 34343 ETH.
In terms of ETH quantity, he lost 16452 ETH: the originally held 35754 ETH became 19302 ETH.
In terms of value, he lost $42.64 million: his current holdings of 19302 ETH are worth $50.04 million, while 35754 ETH are currently worth $92.69 million.