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A Trader "Bought High, Sold Low" on ETH, Losing $2.67 Million

A Trader "Bought High, Sold Low" on ETH, Losing $2.67 Million

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ChaincatcherChaincatcher2025/05/22 09:39

According to monitoring by the on-chain analysis platform Lookonchain, a month ago, a trader with the address starting with 0x83c6 sold 2,522 ETH at an average price of $1,570, obtaining approximately $3.96 million. Thirty minutes ago, the trader spent $3.8 million to buy back 1,425 ETH at an average price of $2,670. This operation resulted in a net loss of over 1,000 ETH, valued at approximately $2.67 million.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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