A high-frequency trader known by the nickname 'Short Selling Pioneer' just exited a short ETH position with a loss of $12,500 after three hours of trading. According to blockchain data analyzed by BlockBeats, this trader's account currently has an unrealized loss of $49,000. Despite this setback, a multi-asset strategy combined with strict risk management has helped this trader accumulate a total profit of $2.367 million throughout their trading cycle. Notably, at present, the ETH price is at $2.12K, creating a market environment for short sellers like this to continue adjusting their strategies.