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From Hero to Hedger: The 25x $ETH Daredevil Flips Short Afte

JAGI 1

Updated at: 5 hours ago

{"content":"From Hero to Hedger: The 25x $ETH Daredevil Flips Short After Losing $8M Remember the trader who fearlessly went 25x long on ETH right after the “1011 flash crash”, and briefly sat on $8.38M in unrealized profits? Well, the story just took a sharp turn. About 9 hours ago, the so-called “smartest trader” closed out his remaining 19,383.25 ETH long positions in multiple batches, ultimately realizing a $6.646M loss. Moments later, he flipped his bias completely, opening a massive 25x short worth 18,802.5164 #ETH (over $62M). His entry price sits at $3,337.56, with a liquidation level around $3,577.28, and he’s currently showing a small floating profit. But zoom out / even after the flip, the overall account remains down by over $5.3M. Maybe he’s aiming to claw back the long losses on this high-stakes short… or maybe it’s another bold play in an endless loop of high-leverage chaos. Address: 0xb9feE4502dE61504E5e6E69faa74Df7f0Ed6d365","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025112025/11/05/25d92d0df3d346d1bcb5b764eae935f8.jpg"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}

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