An interesting scene has played out again. A well-known trader’s counterparty short position on ETH reached $106 million, but it only held for 15 hours before stopping out, with a single loss of $479,000. However, overall, his long positions on BTC and SOL are in profit, and the total loss from this round of trading was kept at $49,000. This operation can also be considered a case of risk management—sometimes quick surrender is a form of wisdom. Instead of stubbornly holding onto a short position, it’s better to cut losses and switch to other profitable assets. In the highly volatile crypto market environment, the timing ability and risk response of large traders often determine the final success or failure.

ETH1,84%
BTC1,85%
SOL2,11%
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zkProofGremlinvip
· 6h ago
It exploded in just 15 hours, this is called giving up quickly, haha --- Stop-loss is really an art; don’t ask me how I know --- Even big players have their crashes, but their risk control is indeed in place --- 47.9K is just tuition anyway, as long as the other positions hold up --- This is why you shouldn’t go all-in on one coin; diversification is the key --- Thinking of a certain time I was wiped out on a short position, this guy was timely --- ETH short was so fierce but still managed to turn around, truly skilled
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CoffeeNFTradervip
· 6h ago
15 hours to explode 479,000, it's outrageous. This guy is pretty good at cutting losses, huh? --- Short selling is similar to gambling; you need to know when to let go. --- Total loss controlled at 49,000. Not bad, at least not completely lost. --- This is the difference between big players and us. They can stop the bleeding quickly, while we're still stubbornly holding on. --- ETH is really a big trap. Holding on for 15 hours is understandable. --- Interesting, BTC and SOL saved the situation. This portfolio awareness is good. --- This trade was basically just luck of a gambler. Will we be this lucky next time? --- Stop-loss is an art. Not everyone can learn it. --- Losing 479,000 just like that, it hurts to see. If it were me, I’d be done already.
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GateUser-e51e87c7vip
· 6h ago
15 hours lost 479,000 and then ran away, this mental toughness is really extraordinary --- Another short position was wiped out, at least now I know to cut losses, better than holding until liquidation --- Loss of 49,000? Not bad, in the whole portfolio it’s really nothing --- ETH this wave is really decisive, so many people's short positions got wrecked here --- I love the phrase "quickly admit defeat," always better than those stubbornly holding on to the end --- The longs on BTC and SOL saved him, this is the importance of diversification --- A short position of 106 million just disappeared like that, the crypto market is just this crazy --- 15 hours? I was worried for him just watching, but at least he wasn't completely wiped out --- Stop-loss tests human nature the most, true big players all understand this trick
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MidnightGenesisvip
· 6h ago
On-chain data shows that this wave of short liquidations is interesting; in just 15 hours, 479,000 was wiped out. However, from the contract changes, the long positions in BTC and SOL did indeed protect the market, ultimately limiting losses to 49,000... It is worth noting that this risk management logic suggests that rather than stubbornly fighting in one direction, it's better to quickly admit defeat and switch sides. Based on past experience, this is the secret for big players to survive longer.
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