[0% Win Rate Rug Pull Short Whale] switched from a short position to a long position 7 hours ago, borrowing 10,000 ETH in a flash loan.

BlockBeats News, May 12th, According to on-chain data analyst Yu Jin's monitoring, the whale who has been attempting to short ETH multiple times recently but with a 0% success rate switched from a short position to a long position 7 hours ago. They bought back the 5,000 ETH (worth about $12.54 million) they shorted last night at a price of $2,509 to repay the debt and close the position, and then re-entered a long position through a loop loan to buy 10,000 ETH (worth about $25.09 million). This address's short selling this time ended in another failure, resulting in a loss of $90,000, maintaining a 0% success rate in short selling.