ETH: Summary of Valuescan community discussions (23:00:09 ~ 00:00:09)

[Extracting viewpoint materials] 1. The trading account "Sending Money Brother Maji" continuously held a long position in ETH from 23:10 to 23:55 Beijing time on February 12, 2026, exhibiting significantly high-risk characteristics. The account suffered a floating loss of approximately $24,461 to $24,935, only about 0.4% to 0.5% away from liquidation. Furthermore, the account repeatedly reduced its position in small amounts, decreasing from 775 ETH to 496 ETH, demonstrating a gradual withdrawal of funds. [src: @监测/Valuescan, 2026-02-12 23:10:23/#2160904；ref: window] 2. This account favors high leverage (25x), with long positions averaging between $1,944 and $1,953, indicating a clear bullish betting direction. However, market volatility led to significant unrealized losses, with a maximum drawdown exceeding 160%, reflecting insufficient risk control. [src: @监测/Valuescan, 2026-02-12 23:55:42/#2161667；ref: window] 3. The account's unrealized loss ratio is close to 50% to 60%, and there has been a continuous, slight reduction in positions, suggesting that traders may be trying to reduce their risk exposure to avoid forced liquidation. However, the overall situation remains highly unprofitable, and the fund flow indicates cautious withdrawal. [src: @监测/Valuescan, 2026-02-12 23:10:23/#2160904；ref: window] 4. AI wallet analysis shows that this account has a 70% win rate and an average profit/loss ratio of 0.76. This indicates that although the win rate is high, the profit/loss ratio is relatively low. Combined with the characteristics of high-frequency trading and large capital, this suggests that the account operates frequently and has a high risk tolerance, with market behavior leaning towards actively long on ETH. [src: @监测/Valuescan, 2026-02-12 23:55:42/#2161667；ref: window] 5. Multiple small reductions in position size (each a 20% decrease) during trading demonstrate dynamic position adjustments under a high-frequency trading strategy. This may be in response to market volatility or risk management needs, with fund flows showing a gradual drawdown to mitigate the risk of liquidation. [src: @监测/Valuescan, 2026-02-12 23:10:23/#2160904；ref: window] 6. The narrative of this account's operations in the ETH market focuses on "high-leverage long betting + high-risk operations on the verge of liquidation." Fund flows show large-scale capital intervention and frequent position adjustments, with a clear bias towards betting on a rise in ETH prices. However, market conditions exacerbated the unrealized losses. [src: @监测/Valuescan, 2026-02-12 23:55:42/#2161667；ref: window] 7. The account value decreased from approximately $302,734 to $241,118, reflecting the significant impact of ETH price fluctuations on the account's net worth during this period. The fund movements and market behavior synchronously reflect the pressure of bearing substantial losses. [src: @监测/Valuescan, 2026-02-12 23:10:23/#2160904；ref: window] 8. Both the unrealized losses and USDC-denominated profits and losses continue to widen, indicating that market direction and capital flows have failed to achieve expected profits, resulting in an overall loss-making position. This market behavior suggests a failure of a high-risk long-only strategy. [src: @监测/Valuescan, 2026-02-12 23:55:42/#2161667；ref: window] [Summarizing Key Clues (Optional)] - The trading account "Send Money Brother Maji" has a high-leverage long position in ETH, which carries extremely high risk and is less than 1% away from liquidation. - Continue to reduce positions in small amounts during the holding period, and gradually withdraw funds to avoid the risk of liquidation. - The account exhibits high-frequency trading, large capital involvement, and excessive market activity, but suffers significant unrealized losses. - The value of the funds has shrunk significantly, reflecting the major impact of ETH price fluctuations on account equity.