A major trader is actively increasing a short position on ETH

DegenMcsleepless · 2026-01-13T09:25:08+00:00

In the last 30 minutes, the address 0x218…B7Da2 significantly increased its short position in Ethereum to 18,875.18 ETH, equivalent to $57.32 million. Despite being down $476,000, the trader received $537,000 in funding, showing both potential opportunities and risks in shorting ETH.

DegenMcsleepless

2026-01-13 09:25:08

Abstract generation in progress

In the last 30 minutes, address 0x218…B7Da2 significantly increased its short position on Ethereum, bringing the volume to 18,875.18 ETH. Such a position size is equivalent to $57.32 million at current market conditions.

Analysis shows an interesting dynamic in the position. The trader entered shorts at an average price of $3,011.83 per token. Although the position is currently at a loss of $476,000, the address received compensation through financing of $537,000.

For those looking to buy Ethereum shorts, this case demonstrates both potential opportunities and risks of such strategies. The rapid increase in the position within half an hour indicates active trading activity and the trader’s confidence in their forecast that ETH’s price will go down.

ETH2,55%

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.