In the Crypto Assets market, the flexible adjustment of investment strategies is often the key to success. Recently, the actions of a famous trader have attracted widespread attention. After suffering significant losses from three consecutive attempts at shorting Ethereum (ETH), this trader decisively changed their strategy.



According to reports, the trader lost about 3.65 million dollars in previous shorting operations. Faced with such a huge loss, he did not choose to back down but quickly adjusted his trading direction. Within just 20 minutes, this trader began to go long on Ethereum with 15x leverage.

Surprisingly, his long position is quite substantial. Currently, the trader has accumulated a long position of 7,700 ETH, which is valued at approximately $33.58 million at the current market price. This bold move not only demonstrates his rapid shift in market trend assessment but also reflects his confidence in the future trajectory of Ethereum.

This shift from extreme shorting to large-scale long positions highlights the high volatility and unpredictability of the crypto assets market. It also underscores the importance of adaptability and swift decision-making in trading. For other traders, this case may provide some insights: do not cling to your own views, and be ready to adjust your strategy according to market changes.

However, we should also note that such large-scale leveraged trading comes with extremely high risks. Whether going long or shorting, excessive use of leverage can lead to significant losses. Therefore, for ordinary investors, it is essential to carefully assess risks and reasonably control positions when making any trading decisions.
ETH-3.27%
IN-4.82%
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SchrodingerPrivateKeyvip
· 18h ago
The reason for going long is that ETH has indeed become cheaper.
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FloorSweepervip
· 08-15 01:12
textbook capitulation signal... paper hands never learn fr
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digital_archaeologistvip
· 08-14 19:49
Changing positions so fast, crazy!
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StakeHouseDirectorvip
· 08-14 04:03
It's really bold of you to use 15x leverage.
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HashRateHermitvip
· 08-12 08:50
Tuition has been paid in full.
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New_Ser_Ngmivip
· 08-12 08:45
If you lose, just confront it hard, go to the banquet.
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PoolJumpervip
· 08-12 08:43
Card face
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TradFiRefugeevip
· 08-12 08:36
Open the pattern, if you want to win, you have to dare to fight.
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PessimisticOraclevip
· 08-12 08:29
Looks like retail investors are suffering a lot.
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