According to BlockBeats, a prominent cryptocurrency trader, known for substantial losses in Ethereum (ETH) and Bitcoin (BTC) trades, has shifted focus back to ETH. After incurring a $35.84 million loss from long positions on ETH, the trader switched to shorting BTC, resulting in an additional $7.5 million loss. In total, the trader has lost $43.33 million in just one month, leaving less than $1 million in their account.
Seven hours ago, the trader closed all BTC short positions and initiated a new short position on ETH. The trader shorted 5,432 ETH at a price of $4,485, equivalent to approximately $24.5 million, with a liquidation price set at $4,594.
