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

$1,919.79

-0.01%

$1,919.79

-0.01%

(24s)

24h Volume

$12,052,130,053.52

24h H/L

$1,935.68 / $1,872.00

Change: $63.68 (3.40%)

Long/Short

61.5%

Long: 61.5%Short: 38.6%

Funding Rate

+0.0063%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,920.39

▲ 0.51%

Volume (24h): -

Resistance Levels

Resistance 3$2,063.38

Resistance 2$1,969.96

Resistance 1$1,921.53

Price$1,920.39

Support 1$1,913.59

Support 2$1,872.96

Support 3$1,610.34

Pivot (PP):$1,906.13

Trend:Sideways

RSI (14):57.8

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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