Hundreds of millions of ETH short positions liquidated in 15 hours, whales lost nearly $500,000 in one day

ZkSnarker · 2025-12-30T06:10:12+00:00

A trader held a $106 million ETH short position but closed it at a loss of $479,000 within 15 hours. Although his BTC and SOL long positions remained profitable, keeping the overall loss at $49,000, this event highlights the risks of shorting and the unpredictability of market volatility.

ZkSnarker

2025-12-30 06:10:12

Abstract generation in progress

【BitPush】An interesting on-chain transaction story has been discovered through data tracking. A trader held a short position worth $106 million in ETH, originally intending to short the market, but unfortunately, they gave up after only 15 hours, ultimately closing the position with a loss of $479,000.

However, speaking of which, this trader’s operations in other cryptocurrencies are relatively prudent. Their long positions in BTC and SOL are currently in profit, which has kept the overall account loss within $49,000.

It seems that even experienced traders can sometimes get caught off guard when betting on a decline. Short-term market reversals tend to be faster and more intense than expected, which once again reminds us of the importance of risk management.

ETH1,66%

BTC1,3%

SOL1,7%

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ContractTearjerker

· 1h ago

Breaking defenses in just 15 hours, how fragile is this mentality?

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JustHereForMemes

· 10h ago

It exploded in just 15 hours. This is too greedy... $500,000 is gone just like that.

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quiet_lurker

· 11h ago

Hundreds of millions in short positions were wiped out in just 15 hours. This guy is really tough. The long positions in BTC and SOL basically saved the day.

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BlockchainArchaeologist

· 11h ago

Liquidated in just 15 hours. Dare to take such a big position? Luckily, other positions saved the day.

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PseudoIntellectual

· 11h ago

15 hours to break the defense, this short position is too fragile haha

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MemeEchoer

· 11h ago

It only took 15 hours to explode. Do you still dare to say you're stable? Haha, laugh to death.