A prominent trader, known for shorting after the October 11 flash crash, has faced significant losses, with over $14.06 million liquidated since opening long positions on December 7, 2025. In the past 20 minutes, the trader was liquidated for 24,639.69 ETH, approximately $62.88 million, contributing to Ethereum's brief drop to $2,510. This event expanded ETH's 24-hour decline to 8%. Despite these setbacks, the trader still holds long positions worth $577 million, with unrealized losses of $133 million.