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

$1,656.12

-5.60%

$1,656.12

-5.60%

(24s)

24h Volume

$11,989,308,607.22

24h H/L

$1,755.15 / $1,635.65

Change: $119.50 (7.31%)

Long/Short

77.3%

Long: 77.3%Short: 22.8%

Funding Rate

-0.0050%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,664.02

▼ -3.71%

Volume (24h): -

Resistance Levels

Resistance 3$1,824.53

Resistance 2$1,759.37

Resistance 1$1,708.95

Price$1,664.02

Support 1$1,615.03

Support 2$1,505.68

Support 3$1,244.77

Pivot (PP):$1,678.64

Trend:Downtrend

RSI (14):36.8

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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