#CryptoComeback :
🚨 BREAKING: A whale loses $4.77M in $ETH Short Gone Wrong 🚨
In one of the biggest liquidation shocks of the month, a trader just lost over $4.77 million shorting Ethereum — in less than 8 hours.
📉 From $5M to just $300k.
His ETH-USD perpetual(futures) position collapsed and the wallet now holds only $310,335, as shown in on-chain data.
What happened?
– The trader opened a massive short position against ETH, betting on a price drop.
– Instead, Ethereum surged, liquidating the majority of his margin.
– His PnL (Profit and Loss) now shows a staggering -$4,770,842.55.
This is a brutal reminder:
⚠️ Overleveraging kills
⚠️ Always manage risk
⚠️ Markets can move against you faster than expected
ETHUSDT
2,339.91
+5.81%
