Trader 0xe813's ETH long position has an unrealized loss of about $7.3 million.

Trader 0xe813’s ETH long position is underwater by about $7.3 million, according to Lookonchain data cited by TechFlow on November 13. The address holds roughly 24,500 ETH in long exposure worth about $46.77 million, and including the current unrealized loss the perpetual futures account’s cumulative P&L has swung to about negative $1.09 million. The drawdown marks a sharp reversal for the trader, whose previous 10 trades were all profitable and generated cumulative gains of about $6.32 million. The case highlights how quickly leveraged ETH longs can erase a strong track record when price moves against the position. Watchers will focus on whether 0xe813 cuts, adds to, or holds the 24,500 ETH long as ETH price action develops.