Trader Behind Flash Crash Short Faces Critical Losses as Account Hits Lowest Point Since October 2025

The on-chain analyst Ai姨 has tracked a high-profile trader who accumulated significant short positions following the notorious flash crash, and the account is now experiencing its most severe drawdown in recent months. With $789 million in active long positions generating an unrealized loss of $73.59 million, this trader’s account has deteriorated significantly from earlier highs, reflecting the brutal volatility sweeping through crypto markets.

Account Performance Hits New Low Since October 2025

According to ChainCatcher’s monitoring, the trader’s cumulative profits have plummeted to their lowest level since October 2025—a stark reminder of how the flash crash aftermath continues to reshape portfolio valuations. At its worst point yesterday morning, the unrealized losses nearly touched the $90 million mark before stabilizing slightly. This persistent drawdown underscores the mounting pressure on the account as market conditions remain extremely challenging for leveraged long positions.

Emergency Margin Injection Amid Market Selloff

In a defensive move, the trader deposited $20 million in USDC to the Hyperliquid platform approximately nine hours before the account’s losses peaked. This capital injection was strategically timed to bolster the account’s safety factor as both BTC and ETH experienced sharp declines—with Bitcoin plummeting to $86,000 and Ethereum sliding to $2,787 at market lows. The additional collateral served as a crucial buffer, preventing potential liquidation as volatility intensified across major assets. This tactical response reflects the trader’s efforts to maintain position stability despite mounting unrealized losses stemming from the broader market flash crash.