Ethereum (ETH) Trader With 12 Consecutive Losses Shorts 348.5 ETH at 25x Leverage
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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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