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.

ETH-2,69%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

15 Likes

Reward
15
7
Repost
Share

Comment

0/400

rug_connoisseur

· 01-15 18:29

27 hours to admit loss and run, I just can't keep this mentality together --- Another big player got trapped and is exhausted, who can we blame? --- No, an 110,000 loss isn't a big deal for this amount, the problem is the loss of confidence --- Seeing big players all stop-lossing, and I'm just holding on as a retail investor... Am I sick or what? --- Over 2,000 ETH thrown into the hands, just cut it and it's done, I have to admit, I'm impressed by this execution --- Short-term positions collapsed, indicating the market truly can't be predicted accurately --- A $7.44 million position was wiped out in 27 hours, such luck is unbelievable

View OriginalReply0

WealthCoffee

· 01-15 07:16

27 hours and already lost so much, this wave was probably a misjudgment --- Another big player cutting losses, it seems this market trend isn't that simple --- Stop-loss and exit is actually smarter, much better than holding on to a losing position --- Only 27 hours to close the position, that must be really painful haha --- A loss of $110,000 might not be a big deal for big players, but this signal definitely warrants attention --- I don't understand why anyone would take such short-term positions with such high risk --- Big players can also get caught, interesting --- Is this a prelude to a dump, or are they really bearish --- In half an hour, 2371 ETH were wiped out, the strength of this dump... --- This stop-loss decision is also good, smarter than many who hold on until liquidation

View OriginalReply0

GasWastingMaximalist

· 01-14 03:19

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?

View OriginalReply0

ApeWithNoFear

· 01-13 11:56

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

View OriginalReply0

quiet_lurker

· 01-13 11:55

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

View OriginalReply0

ChainWatcher

· 01-13 11:46

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.

View OriginalReply0

AirdropBuffet

· 01-13 11:37

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.

View OriginalReply0