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A leveraged short on Ether closed with $692K profit as ETH price rebounded after a pullback.

Technical Signals
31 Oct 2026, 06:45 WIB
Tokenpost
View Source
Bullish
A leveraged short on Ether closed with $692K profit as ETH price rebounded after a pullback.

An unidentified investor closed a five-day, 25x leveraged short position on Ether (ETH), securing a $692,000 profit after the unrealized gains briefly reached $1.337 million. The short covered 9,700 ETH with an average entry price of $2,311.92, and was closed at $2,239.50 as Ether's price rebounded following a recent pullback. This move contributed to the account's total profit rising to $7.57 million. The event highlights the volatility and opportunities in the crypto market, especially for leveraged trades on major assets like Ether.

Ether short position closure is the story's subject, with Pluang market data providing context. For readers following major cryptocurrencies, 38 of 50 rose and 11 fell today. Notable gainers include BAL at Rp16.297 (+11.14%), COTI at Rp177 (+10.34%), and EOS at Rp12.649 (+8.13%), as of Oct 31, 2026 11:02 WIB.

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