Trader Loses $3.24M in 14 Hours on Ethereum Longs

News Flash 2025-12-11 16:50

A trader identified as 0xa43d has incurred a $3.24 million loss within 14 hours by entering Ethereum long positions at the market peak. The trader opened a long position at the height of Ethereum's price, only to see the value drop significantly. Three hours ago, the trader partially closed the position, realizing a $583,500 loss. Despite this, the trader still holds 11,793 ETH, valued at $37.6 million, with $2.66 million in unrealized losses.

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