26-4-2025 – A notable Ethereum trader’s winning streak came to an abrupt halt, resulting in a $304,000 setback from bearish positions held in late April. This reversal follows an otherwise profitable fortnight, during which the trader had amassed gains exceeding $1 million.
The trader’s most recent strategic move, executed merely eleven hours prior, involved an ambitious short position through Aave’s lending protocol. The substantial manoeuvre encompassed 4,000 ETH units, valued at $7.25 million, with an entry point of $1,808.62 per token.
This latest development serves as a stark reminder of the volatile nature of cryptocurrency trading, where even seasoned investors with proven track records can face significant reversals. The trader’s recent losses, occurring between 22nd and 25th April, stand in marked contrast to their earlier successful positions.
