A high-frequency trader known for bearish strategies unwound an ETH short bet on January 26, taking a $12,500 hit after holding the position for just three hours. According to BlockBeats' on-chain monitoring system, the account currently carries an unrealized loss of $49,000. Despite this setback—occurring as ETH faces a 7% downturn over 24 hours—the high frequency trading account maintains strong overall performance, with $2.367 million in cumulative gains across the full trading cycle. The trader's approach centers on multi-asset strategies paired with rigorous risk controls, a common framew