A highly followed crypto assets trader has recently caught the market's attention again. According to blockchain data, the trader has continued to increase their short positions in Ethereum (ETH) recently.

In the past few days, this trader has gradually increased his short positions. The latest operation took place a few hours ago when he added another 10,000 ETH short positions. This brings his current total short position to an astonishing 50,000 ETH, which is approximately $170 million at current market value.

It is worth noting that the trader's strategy appears to be quite successful. Since starting to build positions on July 28, his short positions have accumulated a considerable floating profit, estimated to be around $12.25 million. His initial entry price was $3,843, and he subsequently increased his position gradually through rolling operations.

Currently, this trader's position leverage is 15 times, and the average opening price is $3634. Interestingly, due to his rolling operations, his opening price has converged with the liquidation price, which is a very aggressive trading strategy.

This large-scale trading behavior will undoubtedly have some impact on the market. It not only reflects this trader's view on the short-term trend of Ethereum but also influences the psychological expectations of other market participants to some extent.

However, we must also bear in mind that the volatility of the Crypto Assets market is immense, and any trading strategy carries risks. Whether following or opposing such large players, investors need to act cautiously and manage risks effectively.