Ethereum (ETH) Trader With 12 Consecutive Losses Shorts 348.5 ETH at 25x Leverage
ETH/USDT
$39,049,302,904.94
$2,145.26 / $2,009.54
Change: $135.72 (6.75%)
-0.0018%
Shorts pay
COINOTAG News, quoting Hyperinsight monitoring, reports on a trader noted for a string of 12 consecutive losses entering a fresh position in ETH derivatives. The trader opened a short position on Ethereum markets roughly 11 hours ago, as risk metrics flagged continued downside pressure. The move reflects a contrarian stance within a disciplined risk framework, with monitoring data highlighting the trader’s persistent drawdown pattern across the month.
Presently, the trader is net short 348.5 ETH with about 25x leverage—notional exposure around $1.02 million. The average entry price sits at $2,945.32, positioning the position for a liquidity-driven pullback if support levels hold. Despite the risk, the trader has posted only a single profitable trade in 23 attempts this month, underscoring the challenges of high-leverage execution amid choppy market conditions.
