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Hyperinsight Reports Trader’s $9,144 Loss Closing Ether (ETH) Short — 12 Consecutive Losses

According to Hyperinsight monitoring, a trader closed an Ether (ETH) short position on Dec. 21 with a $9,144 loss; the trader recorded 12 consecutive losses and only 1 profitable trade out of 15 this month.

ETH

Summary

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Terms & Concepts
  • Short position: A trade that profits if an asset’s price falls; losses occur if it rises.
  • Ether (ETH): The native cryptocurrency of the Ethereum network used to pay transaction fees.