$ETH Ethereum Trader Hit With $38K Loss – What It Means
A trader known as “Never Short” just took a $38,000 loss on two Ethereum long positions, according to BlockBeats and Hyperinsight data (Jan 19). After closing those trades, the trader is now out of the market and watching from the sidelines.
This tells us a few important things:
First, ETH is still moving in a tricky zone.
Even experienced traders are getting caught on the wrong side, which means price action is likely choppy and driven by short-term liquidity, not clear trend strength.
Second, the fact that the trader exited all positions shows uncertainty.
When smart money stops trading and waits, it usually means the market lacks a clean direction.
For now, ETH looks like a patience game.
Until there is strong volume and clear structure, aggressive longs or shorts carry higher risk. Smart move is to wait for confirmation—not emotion—to lead the next trade.#MarketRebound #BTCVSGOLD #CPIWatch $ETH
