Lessons from the Market: The "Never Short" Strategy Faces a Reality Check

​Trading is 10% skills and 90% discipline. Today, on January 19, 2026, on-chain data from Hyperinsight gave us a look into the high-stakes world of Ethereum trading

The Story: A $38,000 Setback

​A well-known trader, ironically named 'Never Short' (Wallet: 0xe5416), has just closed two Ethereum

ETH
ETH
3,096
-3.55%

$ETH long positions with a total loss of $38,000.

What Happened?

  • ​Despite the "bullish" bias in the name, the market's recent volatility caught the trader on the wrong side of the trend.

  • ​After taking the hit, the trader has completely exited the market.

Current Status: Observing from the Sidelines 🔭

​Currently, 'Never Short' holds zero positions. This is a classic example of "Capital Preservation"—sometimes the best trade is no trade at all.

My Takeaway for You:

  1. Don't Marry Your Bias: Even if your name is "Never Short," you must be flexible when the chart shows a different story.

  2. Know When to Step Back: Taking a loss is part of the game. Stepping back to "observe" rather than "revenge trade" is what separates professionals from gamblers.

Are you currently Long or Short on $ETH ? Let’s discuss the next move below! 👇