2025-12-30 02:12:52

A certain newly entered short seller hasn't had a good couple of days.

The wallet ending in 33814 has been aggressively long ETH in the past 13 hours, while simultaneously opening a large short position. Currently, he holds a short position of 36,281 ETH, making him the second-largest ETH short holder on a certain derivatives trading platform. This position is now worth $106 million, but from an opening price of $2,920.21 to now, the unrealized loss has reached $5.1 million.

And it's not just ETH. This individual also opened a $48.18 million BTC short and a $13.43 million SOL short. With the current market conditions, these positions are all moving in the opposite direction. It seems that this bearish call has not yet been recognized by the market.

ETH-1,05%

BTC-1,72%

SOL-2,49%

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tokenomics_truther

· 6h ago

Haha, this guy probably got the direction wrong, all short positions completely reversed. --- Buy first, then short within 13 hours? Where's the risk awareness in this move? --- Still holding a floating loss of 50 million and insisting on short? Truly have faith or got caught. --- That's how the crypto world is—one wrong move and the whole game is lost. Poor thing. --- 36k ETH shorts, he must be having a hard time sleeping now. --- This is the so-called "right-side trading" failure case. --- Both long and short positions opened, but not in the right direction. Laughable. --- Let's see how he closes the position; this position is a bit hot to handle.

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BloodInStreets

· 6h ago

Haha, this guy is really using money to teach us what "contrarian indicator" means Going long on one hand and short on the other, this move looks like throwing a tantrum, and as a result, both sides are hammered by the market. An unrealized loss of $5.1 million probably has them unable to sleep these days The second-largest short position on the derivatives trading platform, sounds impressive, but in reality, they got sliced by the market like a bloody knife, making them doubt life itself. This is what you call the art of riding the coattails

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NFTHoarder

· 7h ago

Haha, this guy really bet wrong. A single all-in short was directly taught a lesson by the market. If you can't see through this wave of行情, don't be so stubborn. Do you want to keep bearing the $5.1 million loss? Going long or short doesn't matter; the key is to choose the right direction. Clearly, this guy didn't see it right. As I expected, it's still that saying—it's the fate of the bears. ETH soaring to the sky, and this short is truly hopeless. I feel sorry for him.

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LiquiditySurfer

· 7h ago

Hmm... this guy's short positions all collapsed, five million USD just disappeared, betting on the right direction is really damn hard.

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DAOplomacy

· 7h ago

ngl the incentive structures here are... let's call it sub-optimal. dude really went all-in on a directional thesis without considering the path dependency of current market sentiment, arguably a non-trivial externality he didn't account for. historical precedent suggests this rarely ends well tbh

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