$ETH Smart Trader “0xcb9” has hit a rough patch with their 15x leveraged $ETH short position

Initially sitting on a $14 million unrealized profit, they held on as Ethereum’s price surged, flipping their position into a $7 million floating loss—a painful $21 million swing.

With $ETH now trading around $3,885, per CoinGecko, this misstep highlights the perils of high-leverage trading, especially amid Ethereum’s bullish momentum driven by the upcoming Fusaka upgrade and institutional accumulation.

What’s your take—can “0xcb9” recover from this $11 million setback, or are they stuck chasing a sinking short?