At the end of January, a trader known in the community by the nickname 'Short Selling Pioneer' closed a short ETH position early, losing $12,500 after just three hours of holding. Data published by BlockBeats shows that this trader's account currently records an unrealized loss of up to $49,000.

Despite this trading failure, the trader demonstrated high discipline in risk management. With a multi-asset strategy combined with strict risk controls, this individual accumulated a total profit of $2.367 million throughout the trading process. This case illustrates that although individual trades may not go as planned, adhering to risk management principles can still lead to long-term success in the cryptocurrency market.