Another Brutal Day for ETH Bulls, Wallet 0xa2e8 is learning the hard way that catching a falling knife can be expensive.

The trader opened an 18x long on 21,000 $ETH , a position worth roughly $34.61M, with an entry price of $1,728.5. Just hours later, the trade is already deep LOSS, showing an unrealized loss of approximately $1.67M.
PLEASE NOTE: 0xa2e8 isn't a random trader. Since June, the wallet has built a reputation as an #ETH specialist, generating millions in realized profits across multiple trades.
This time, however, the timing couldn't have been much worse.
As ETH continues to struggle, the position has quickly become one of the largest losing ETH longs on Hyperliquid. The trader still has a decent buffer before liquidation, but with a position this large, every move lower is costing hundreds of thousands of dollars.
For now, the trade remains open. Another chapter in what many ETH bulls would probably call "Longs' Day of Suffering." 😬.
Address: 0xa2e81e888f4a757bbad012ea9b193e7ab93f1468