ETH Trader Opens $18.8M Short at $2,991, Closes for $909k Profit in 1 Hour; Hyperliquid Total Profit Reaches $10.23M

ETH

ETH/USDT

$1,755.62

+1.79%

$1,755.62

+1.79%

(24s)

24h Volume

$9,483,988,727.88

24h H/L

$1,779.90 / $1,702.00

Change: $77.90 (4.58%)

Long/Short

68.2%

Long: 68.2%Short: 31.8%

Funding Rate

+0.0039%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,752.19

▲ 2.65%

Volume (24h): -

Resistance Levels

Resistance 3$1,872.11

Resistance 2$1,828.40

Resistance 1$1,765.07

Price$1,752.19

Support 1$1,711.87

Support 2$1,615.03

Support 3$1,505.68

Pivot (PP):$1,746.34

Trend:Downtrend

RSI (14):44.7

COINOTAG News, reporting on December 1, notes that, per The Data Nerd’s monitoring, a trader opened a short position on ETH valued at about $18.8 million, with an average entry near $2,991. This activity illustrates ongoing Ethereum trading dynamics and the use of leverage within crypto venues.

About an hour later, the trade was closed, yielding roughly $909,000 in profit. As of now, the trader’s cumulative Hyperliquid gains total approximately $10.23 million, reflecting brisk intraday liquidity and disciplined risk management in the current crypto market.

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