2026-01-13 11:30:06

On-chain data shows that a leading wallet address closed 2,371 Ethereum long positions within the past half hour, with a trading volume of approximately $7.44 million. This closing transaction ultimately resulted in a loss, with an unrealized loss of about $114,400.

Interestingly, the lifecycle of this position was quite short—only 27 hours from opening to closing. According to historical data, the average cost at the time of opening was approximately $3,135.76 per ETH. During this period, Ethereum's price fluctuations clearly put significant pressure on this position, ultimately prompting the holder to cut losses.

The trading activity of such large accounts often reflects market participants' changing attitudes toward recent market trends. Closing positions within a short timeframe usually suggests that the holder's outlook on the subsequent market movement has shifted.

ETH7,22%

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GasWastingMaximalist

· 36m ago

Haha, lost money in just 27 hours, how's that mental state? --- Another bullish trader getting slapped in the face, should have cut losses earlier --- $110,000 just as tuition fee, this market isn't that gentle --- Even big players sometimes get it wrong, now that's comfortable --- 2371 ETH, just like that, gone—really quick with the knives --- What do you think of this rhythm? Just didn't hold on --- The fate of short-term traders... Look, expectations need to be adjusted again --- Flipped out in 27 hours, I really don't understand this move --- Feels like it will drop further, is this a top escape? --- Stop-loss is stop-loss, don't let losses expand endlessly --- Wallets are running, should I panic? --- This is the ultimate test of mental strength, can you hold on?

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ApeWithNoFear

· 15h ago

Cutting losses in just 27 hours, this big player is a bit anxious. It seems someone is really bearish on the market outlook.

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quiet_lurker

· 16h ago

Out of the game with a loss in just 27 hours, even big players can sometimes be mistaken.

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ChainWatcher

· 16h ago

Lost money in 27 hours? This guy is really brave. Whether it's a stop loss or cutting losses, you know it in your heart.

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AirdropBuffet

· 16h ago

27 hours to give up, this big investor's mentality is impressive, but then again, who isn't? --- It's this kind of dump behavior again, one big investor's stop loss takes the whole market down with them, outrageous. --- $114,400 in tuition fees, not cheap, this wave of market action is indeed strange. --- Haha, a certain big investor got wrecked, this is the result of short-term trading. I'll still hold and stay comfortable. --- Looking at this data, I'm a bit nervous. Is this a signal coming? --- Really, a big investor's stop loss is a warning of market reversal, wow. --- It was only a little over a day from opening to closing, too greedy, serves them right.

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