A smart money address lost $3.54 million due to ETH long orders, giving back nearly 80% of its profits in one wave.

"Never Say Die George," a frequent guest on Binance Futures' Smart Money rankings, lost $3.54 million on his long ETH position, wiping out nearly 80% of his profits in one wave. He began going long on September 15th, at an average price of $4,497, with his maximum position reaching 9,229.77 ETH, equivalent to approximately $41.5 million. He liquidated his position at 2:00 PM this afternoon, leaving his account with $407,000 in profit.