Trader Loses $171,000 After Selling ETH at an Average Price of $1,977.31

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
ETH price dropped sharply on February 16 as a trader sold all ETH purchased at a high on February 13, averaging $1,977.31 and incurring a $171,000 loss. Over six months, the trader’s nine swing trades yielded only one profit, resulting in an 11.1% win rate and $1.432 million in total losses. ETH analysis indicates continued volatility, with swing traders facing increasing risks.

BlockBeats news: On February 16, according to on-chain analyst Aunt Ai (@ai_9684xtpa), a trader liquidated all ETH purchased at a higher price on February 13, eight hours ago, at an average selling price of $1,977.31, resulting in another loss of $171,000.


Over the past six months, out of nine swing trades, he profited only once, reducing his win rate to 11.1% and accumulating a loss of $1.432 million.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.