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[Whale Closes Short Position from 1 Month Ago, Earning $390,000] On-chain data analysis shows that a whale borrowed 5,000 ETH to short sell one month ago and chose to close the position after ETH's price climbed back above $3,000. The whale has just withdrawn 4,830 ETH (approximately $14.75 million) from Binance to repay on-chain. This short-selling operation earned approximately $390,000 in profit. The whale borrowed ETH to short sell on December 5 when the price was $3,132, and today repurchased ETH at $3,054 to complete the repayment.

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