ETH Trader Closes 25,000 ETH Short After $2.1M Loss, Ending 12-Win Streak While Hyperliquid Profits Reach $23.9M
According to Lookonchain data cited by COINOTAG News, amid a broad market rebound, a trader identified as pension-usdt.eth triggered a stop-loss to exit a substantial short position of 25,000 ETH, estimated near $75 million. The single-trade loss hovered around $2.1 million, snapping a 12‑trade winning streak and illustrating disciplined risk controls in a volatile backdrop.
Despite the setback, cumulative profits on Hyperliquid stand near $23.9 million, underscoring the resilience of the trading strategy under current market conditions. This crypto news update emphasizes practical risk management and execution quality rather than speculative gains during the rebound.
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.
You may also like
UK Crypto Ownership Takes Biggest Hit Since 2021, Regulator Says
Jared Isaacman confirmed as next head of NASA
DWF Ventures Highlights Overall Crypto Market Movements of 2025 post-153197 post-153197 post-153197
