According to Ai 姨 (@ai_9684xtpa), a major whale who had been shorting 8,000 ETH since April 22 was forced to close their position in the last 30 minutes, buying back all ETH and realizing a $382,000 loss as prices rose from a $1,731 average entry to a $1,778.7 exit. This move reduced the whale’s total swing trading profits since April 13 to $1.029 million. The event highlights the risks of leveraged short strategies in volatile markets, impacting trading sentiment and emphasizing the importance of tight risk management for ETH traders (source: Twitter @ai_9684xtpa).