ETH Trader Closes 25,000 ETH Short After $2.1M Loss, Ending 12-Win Streak While Hyperliquid Profits Reach $23.9M

According to Lookonchain data cited by COINOTAG News, amid a broad market rebound, a trader identified as pension-usdt.eth triggered a stop-loss to exit a substantial short position of 25,000 ETH, estimated near $75 million. The single-trade loss hovered around $2.1 million, snapping a 12‑trade winning streak and illustrating disciplined risk controls in a volatile backdrop.

Despite the setback, cumulative profits on Hyperliquid stand near $23.9 million, underscoring the resilience of the trading strategy under current market conditions. This crypto news update emphasizes practical risk management and execution quality rather than speculative gains during the rebound.