Ethereum (ETH) Whale Liquidated on 25x Short, $1.44M Loss and $31.47M in Contracts Lost in the Past Month
ETH/USDT
$39,049,302,904.94
$2,145.26 / $2,009.54
Change: $135.72 (6.75%)
-0.0018%
Shorts pay
COINOTAG News, citing HyperInsight, reports that the so‑called ‘Former 100% Win Rate Whale’ was liquidated this morning, unwinding an approximately $25 million ETH short with 25x leverage. The forced close erased about $1.44 million from the trader’s balance, leaving roughly $570,000 available.
This setback follows a long winning streak; after 14 straight wins, the trader has now incurred five consecutive losses. The cumulative impact over the past month stands at about $31.47 million in contracts.
The episode underscores the risk profile of highly leveraged crypto strategies and the volatility of ETH derivatives, highlighting the importance of prudent risk controls for speculative positions.