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 back at a higher price. Six months ago, he bought 1,805 ETH for $6.42 million at a price of $3,559 each. Two weeks ago, he panicked and sold at a loss of $3.6 million (-56%). Today, after the price of Ethereum rose, he bought back 1,734 ETH at a price of $1,792 per coin, spending $3.11 million.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.