High-Frequency Trader Accepts $12,500 at Cao Lỗ After Three Hours of ETH Trading

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Last week (January 26), a well-known trader nicknamed ‘The Short Selling Pioneer’ closed their ETH short position, recording a loss of $12,500 after just three hours of holding the position. This significant loss reflects the rapid market volatility and the inherent risks of short-term trading.

Blockchain Data Reveals Financial Situation

According to blockchain data analyzed by BlockBeats, this trader’s account currently shows an unrealized loss of $49,000. This high loss indicates that the ETH short position is not the only losing trade, but part of a broader portfolio under pressure.

Risk Management Strategy Yields Impressive Results

Despite facing a high loss in this trade, the trader employs a strategy involving multiple assets with strict risk management. The overall result for the entire trading cycle is a profit of $2.367 million, demonstrating that this is an experienced trader with effective risk control, even though individual trades have recorded losses.

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