925 Live Broadcast ETH Long-Short Hedging Liquidation, the Story of Both Turning Green
Review of the ETH leverage hedging operation during the 925 live broadcast, the results can be considered quite ideal. The initial short position, after executing Sanma Ge's liquidation strategy, was basically break-even or slightly profitable, which did not drag down the entire hedging strategy.
The Long Position Turnaround Process
The ETH long position was deeply trapped in the early stage, with the principal under pressure and a loss position reaching 13,000 US dollars. However, the solution provided in the live broadcast room was quite strategic—although it did not fully restore the cost basis, it decisively sold about 20 ETH of long holdings at the 4368 level. This move ultimately recorded a profit of over 3,000 US dollars.
From the perspective of the position structure, the plan at that time was to reduce 30 ETH to hedge early risks, cutting a significant portion of the position at around 4000, and finally retaining 10 ETH near 4000 to continue holding.