PANews reported on April 23 that according to Lookonchain monitoring, a FOMO (extreme fear of missing out) trader bought high and sold low, and then bought it back at a higher price. Six months ago, he spent $6.42 million to buy 1,805 ETH at $3,559 per ETH. Two weeks ago, he sold it at a loss of $3.6 million (-56%) due to panic. Today, after the price of Ethereum rose, he bought back 1,734 ETH at $1,792 per ETH for $3.11 million.
The whale spent another $3.11 million to buy 1,734 ETH, having previously lost $3.6 million due to panic selling.
Share to:
Author: PA一线
This content is provided for informational purposes only and does not constitute investment advice.
Follow PANews official accounts, let's navigate bull and bear markets together
Recommended Reading
PA一线5 hour agoPA一线7 hour ago
Pioneer's View: Crypto Celebrity Interviews
Exclusive interviews with crypto celebrities, sharing unique observations and insights
PAData: Web3 in Data
Data analysis and visualization reporting of industry hot spots
Memecoin Supercycle: The hype around attention tokenization
From joke culture to the trillion-dollar race, Memecoin has become an integral part of the crypto market. In this Memecoin super cycle, how can we seize the opportunity?
AI Agent: A Journey to Web3
The AI Agen innovation wave is sweeping the world. How will it take root in Web3? Let’s embark on this adventure together!