The "wave trading, repeatedly failing and trying again" trader liquidated all ETH bought at the peak, incurring a loss of $171,000.
BlockBeats News, on February 16, according to on-chain analyst Ai Aunt (@ai_9684xtpa), a trader fully liquidated all ETH bought at a high on February 13 about 8 hours ago, selling at an average price of $1,977.31, incurring another loss of $171,000.
In the past six months, out of 9 swing trades, only one was profitable, with a win rate dropping to 11.1%, and a total accumulated loss of $1.432 million.
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.
You may also like
A HYPE whale transferred 266,600 tokens worth approximately $24.29 million to exchanges within three days.
Former senior official of the Bank of Japan predicts that a rate hike in October is "a real possibility," with a very low probability of postponement until next year
A former executive director in charge of monetary policy at the Bank of Japan stated that the Bank of Japan may raise its benchmark interest rate for the second consecutive month at the October policy meeting, which would be earlier than most economists expect.
Falling Oil Could Trigger a 10% Stock Market Rally, Says Wall Street Strategist
Bitcoin falls below $84,000, down 0.32% in 24 hours.
Crypto prices
More
