Taiki Maeda, a cryptocurrency trader, has reported a profit of $578,000 from shorting Ethereum (ETH) over the past two months. Maeda initially shorted $1 million worth of ETH at $4,150 and later increased his position with an additional $1.5 million at $3,387. Despite closing his short position, Maeda remains cautious about the market, suggesting that ETH could fall further, potentially stabilizing around $2,500. Maeda advises investors to focus on capital preservation rather than chasing high returns, highlighting the importance of maintaining a cash position and accumulating quality assets. He also emphasizes the potential of airdrop mining as a viable strategy in the current market environment. While acknowledging the challenges facing ETH and altcoins, Maeda remains optimistic about the market's long-term prospects, suggesting that a better environment may emerge in 2026.