BREAKING

Ethereum (ETH) Trader With 12 Consecutive Losses Shorts 348.5 ETH at 25x Leverage

ETH

ETH/USDT

$2,333.46
+3.26%
24h Volume

$23,976,363,550.34

24h H/L

$2,360.00 / $2,221.54

Change: $138.46 (6.23%)

Long/Short
55.5%
Long: 55.5%Short: 44.5%
Funding Rate

+0.0019%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,318.74

2.93%

Volume (24h): -

Resistance Levels
Resistance 3$2,592.09
Resistance 2$2,396.86
Resistance 1$2,347.02
Price$2,318.74
Support 1$2,262.61
Support 2$2,208.50
Support 3$2,032.77
Pivot (PP):$2,164.15
Trend:Uptrend
RSI (14):84.2
LDR

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.

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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.

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