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.
Source: https://en.coinotag.com/breakingnews/ethereum-eth-trader-with-12-consecutive-losses-shorts-348-5-eth-at-25x-leverage
